Veda shares surge on debut

Veda’s shares rose as high as $1.78 on the company's first day of trading on the ASX.

Shares in Veda Group Ltd climbed as much as 42% on their ASX trading debut as investors bet demand for credit information from individuals and companies in Australia and New Zealand will grow.

At 1228 AEST Veda’s shares surged 42 cents, or 34%, to $1.67, after earlier rising as high as $1.78.

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