Westfield and Scentre Group start trading anew
Earlier today Scentre Group, Westfield‘s new Australian and New Zealand shopping mall company, started trading on the ASX, with a $3.21 million debut price Wednesday June 25.
Shares were later trading at $3.11 under the ticker SCG.
Opening at $6.70, Westfield Corporation, which will be the international iconic malls company of the Lowy family, was later trading at around $6.78 under the ticker WFD.
The two new groups are trading on a deferred settlement basis set to commence normal trading on Thursday week.
Scentre Group closed at $3.08 on Wednesday. Westfield Corporation closed trading at $7.05.