Shares of Harbor Star Shipping Services Inc. on Wednesday was up 2.66 percent during its first trading day on the Philippine Stock Exchange, closing at P1.93 apiece from an initial public offering of However, the after-market numbers from the PSE showed Harbor Star gaining 1.6 percent P1.91 per share. Harbor Star was priced on the low end and will probably attract retail traders than institutional investors, Gus Cosio, First Metro Asset Management Inc. president, told reporters on the sidelines of a briefing on Exchange Traded Fund in Makati City.
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