Despite a mixed day in the Asian stock markets, it turned out to be a busy evening with four block trades fighting for investors’ attention. The most surprising, in terms of timing, was a sell-down in India’s Apollo Hospitals Enterprise, which ignored the fact that the Indian markets were closed for a public holiday yesterday.
The Indian deal will be open to local investors this morning, but the other three raised a combined $562 million and attracted healthy demand a good sign at a time when some market participants were suggesting that the risk appetite may be starting to wane a bit.
The largest trade was a...
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