Relief as year’s first IPO Calisen recovers from trading setback

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Relief as year’s first IPO Calisen recovers from trading setback

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(190816) -- LONDON, Aug. 16, 2019 (Xinhua) -- A man walks past London Stock Exchange in London, Britain, Aug. 16, 2019. British gross domestic product (GDP) contracted by 0.2 percent in the second quarter (Q2) of 2019 compared with the first quarter, figures released Friday by the Office for National Statistics (ONS) showed. This is the biggest fall and the first contraction for Britain's economic growth since 2012. (Xinhua/Han Yan) | Han Yan/Xinhua News Agency/PA Images

Calisen, the UK operator of smart meters which has completed the first major European IPO of the year, was trading above issue price on Thursday, to the relief of sources close to the trade after early selling dampened its stock market debut.

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