JAL shares below offer price as island row bites | Bangkok Post: news

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JAL shares below offer price as island row bites

Shares in Japan Airlines slumped 4.29 percent Friday, two days after relisting, as it said it would slash flights to China amid a territorial row between Tokyo and Beijing.

Shares in Japan Airlines slumped 4.29 percent Friday, two days after relisting, as it said it would slash flights to China amid a territorial row between Tokyo and Beijing. The firm finished the day at 3,680 yen, below the 3,790 yen it opened at on the Tokyo Stock Exchange Wednesday as it returned to the bourse less than three years after becoming one of Japan's biggest ever corporate failures.

The firm finished the day at 3,680 yen, below the 3,790 yen it opened at on the Tokyo Stock Exchange Wednesday as it returned to the bourse less than three years after becoming one of Japan's biggest ever corporate failures.

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