South Korea's EcoPro Materials soars in stock market debut

Shares in maker of electric battery materials close up 58%

20231117 EcoProMaterials

Shares in EcoPro Materials surged in their debut on Seoul's main stock exchange on Nov. 17 on aggressive buying from retail investors. (Photo courtesy of the Korea Exchange)

KIM JAEWON, Nikkei staff writer

SEOUL -- EcoPro Materials, a South Korean electric vehicle battery materials company, made a surprisingly strong debut on Seoul's main stock exchange on Friday, with its shares closing up 58% from its initial public offering price.

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