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Indonesia’s GoTo falls as low as 3.14% on 2nd day of trading

By:
Reuters
Published: Apr 12, 2022, 04:52 GMT+00:00

JAKARTA (Reuters) - Shares of Indonesia's biggest tech firm PT GoTo Gojek Tokopedia fell as much as 3.14% on its second day of trading on Tuesday, after raising $1.1 billion in an initial public offering.

Indonesia’s GoTo falls as low as 3.14% on 2nd day of trading

JAKARTA (Reuters) – Shares of Indonesia’s biggest tech firm PT GoTo Gojek Tokopedia fell as much as 3.14% on its second day of trading on Tuesday, after raising $1.1 billion in an initial public offering.

The shares rose as much as 15.7% earlier in the session before erasing its gain. GoTo gained 13% on its debut trading a day earlier.

(Reporting by Stefanno Sulaiman and Fransiska Nangoy; Editing by Martin Petty)

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