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Other than the Nasdaq, markets mostly fell U.S. markets were mixed Tuesday. The S&P 500 and Dow Jones Industrial Average dipped slightly but were close to the flatline. However, the Nasdaq Composite added 0.18%. Asia-Pacific shares mostly traded higher Wednesday, lifted by investor sentiment over blockbuster listings by Tokyo Metro and China Resources Beverage.
Red hot debut by Tokyo Metro Tokyo Metro shares rocketed almost 45% after listing publicly on Wednesday. The Japanese subway operator’s initial public offering attracted 348.6 billion yen ($2.3 billion), making it Japan’s biggest IPO in six years. Tokyo Metro is a “cash cow,” said Jesper Koll, expert director at financial services firm Monex Group.
IMF revised China’s growth downwards The International Monetary …