Japan Airlines (JAL) shares rose 2.6% on strong demand, almost three years after it filed for bankruptcy in one of Japan's biggest corporate failures.
JAL shares climbed as high as 3,890 yen, up from its re-listing price of 3,790 yen on the Tokyo Stock Exchange.
The 663bn yen ($8.4bn; £5.2bn) initial public offering comes after the airline was given a government-backed bail out in 2010.
It is the second biggest share sale this year globally after Facebook.
Since it was de-listed from the stock exchange, JAL has taken on huge restructuring, cutting more than a third of its workforce, cancelling unprofitable routes and replacing older planes.
19 Sep, 2012
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Source: http://www.bbc.co.uk/news/business-19644938#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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