The initial public offering of Jio Platforms has attracted impressive attention, with an oversubscription of 3.16 times. Institutional investors were particularly keen, subscribing at a rate of 9.42 times, while retail investors opted for a 0.73 times rate. Non-institutional interest was stronger at 1.68 times. The company plans to allocate a large share of the funds toward debt clearance,…
Colombia’s COLCAP rose 1.07% to 2,560.37 on 21 October, the second best of five Latin American markets we track. The peso weakened to about 3,192 per US dollar.
