Siemens Healthineers shares gain in stock market debut

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Reuters FRANKFURT
Last Updated : Mar 16 2018 | 2:55 PM IST

FRANKFURT (Reuters) - Shares in medical equipment maker Healthineers opened 3.9 percent higher in its stock market debut in Frankfurt on Friday, boding well for a slew of other upcoming flotations including asset manager DWS which are slated for pre-summer IPOs in Germany.

Shares in the Siemens subsidiary opened at 29.10 euros ($35.86) apiece, above the issue price of 28 euros at 0903 GMT, more than an hour after the official 0800 GMT market open as technical problems at Deutsche Boerse's electronic trading platform caused market-wide delays for German stocks.

($1 = 0.8116 euros)

(Reporting by Ludwig Burger; Editing by Maria Sheahan)

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First Published: Mar 16 2018 | 2:43 PM IST

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