Investment experts do not believe there will be a "pop" effect when shares in DP World, Dubai's global ports operator, begin trading on the London Stock Exchange tomorrow.
"Popping" is when a share soars to a big premium on its opening day of trading, and has been a feature of several global flotations recently. But analysts said it was unlikely DP World shares would rise significantly when trading begins.
"There may be some small upside on day one and some 'feel-good' factor, but I don't think anybody expects a 'big bang' for DP World," said Redwan Ahmed of EFG-Hermes.
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