Russian seaport operator gets head start on LSE

Trading in Novorossiysk Commercial Sea Port (NCSP) GDRs began on the London Stock Exchange's (LSE) Main Market today, the company reported according to RBC. The offering was priced at $19.20 per GDR, but soon climbed 14.32 percent to $21.95 as of 12:37 p.m. Moscow time.