SRI Sports shares rise on 1st day of trading

Tokyo – Shares of SRI Sports Ltd closed up 1000 points at Â¥185000 on the first day of trading. The shares opened at Â¥184 000, immediately fell to Â¥181 000 and rose to a high of Â¥192 000 before closing slightly up on the day. The parent sold a tranche of 115 000 shares at a pre-market price of 190 000.

SRI sports Ltd, established in 2003, is a spin-off from Sumitomo Rubber Industries and makes sports equipment, notably golf balls, golf clubs and…

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