Ice pulls Nkr3bn IPO as equity markets plunge on trade fears

Aidan Gregory

December 06, 2018 05:00 PM

mARKET TURMOIL nyse pa 230X150 — (181205) -- NEW YORK, Dec. 5, 2018 (Xinhua) -- A trader works at the New York Stock Exchange in New York, the United States, Dec. 4, 2018. U.S. stocks plunged on Tuesday, with all three major indices erasing more than 3 percent, amid worries over inverted yield curve signaling a possible economic slowdown. The Dow Jones Industrial Average decreased 799.36 points, or 3.10 percent, to 25,027.07. The S&P 500 decreased 90.31 points, or 3.24 percent, to 2,700.06. The Nasdaq Composite Index fell 283.09 points, or 3.80 percent, to 7,158.43. (Xinhua/Wang Ying) (zxj) | Wang Ying/Xinhua News Agency/PA Images

Ice Group, the Norwegian mobile phone company, on Thursday called off its second attempt to list on the main board of the Oslo Stock Exchange, blaming turbulence in global equity markets.

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Topics

Nordics Equity IPOs Norway UBS Equity Europe EMEA

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Aidan Gregory