Indonesian tower firm Mitratel makes weak IDX debut after $1.32b IPO

Indonesian tower firm Mitratel makes weak IDX debut after $1.32b IPO

Photo by Tony Stoddard on Unsplash

Indonesian tower company PT Dayamitra Telekomunikas Tbk, also known as Mitratel, made a weak debut at a local stock exchange on Monday with its shares opening lower than the IPO price of Rp800 apiece.