Tokyo, Oct 23, 2024 (AFP) - Tokyo Metro shares rocket on debut

NAMPA / AFP

2024-10-23

Shares in Tokyo Metro, one of the world's busiest subways, soared almost 50 percent on its debut Wednesday after its government owners raised $2.3 billion in Japan's biggest initial public offering in six years. Each day around 6.5 million people -- more than the London Underground -- ride Tokyo Metro's nine lines, part of a vast transport network serving the capital and its sprawling suburbs. The company's shares surged to 1,739 yen, 47 percent......

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