January 22, 2024 BY Elizabeth Anderson
Kaspi.kz’s lukewarm market debut confirms investor caution
The Kazakhstan native’s shares topped the IPO price with 0.5%, giving the banking and fintech leader a value of $17.51bn. On the London Stock Exchange (LSE), where the company already trades, it has a value of over $19bn. On Thursday, 18 January 2024, a day before the company went public, investors increased their offering to…
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