Genworth debuts 11% higher

On their first day of trading on the ASX, shares in Genworth Australia gained 11%.

Shares in Genworth Mortgage Insurance Australia surged 11 per cent on their first day of trading on the ASX following an initial public offering that raised $583 million.

At 12.07 PM AEST, Genworth Australia shares were up 28 cents to $2.925, according to ASX data. 


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