DP World shares trading at a premium on Wednesday

Shares in DP World were trading at a premium of 1.7 per cent on Wednesday morning as the Dubai-based ports operator floated on the London Stock Exchange (LSE). DP World shares gained to as much as 880 pence on the LSE before slipping to 830 pence. The stock also has an existing listing on Nasdaq Dubai, where it gained 0.37 per cent to Dh13.50 at 1pm UAE time. "DP World Limited is pleased to announce that all of its 830 million Ordinary Shares have today [Wednesday] been admitted to the Official List of the UK Listing Authority," the company said in a statement to the LSE. DP World was one of the most traded companies on the Nasdaq Dubai in 2010, according to the exchange's annual report, and as a result its share price rose by 47 per cent over the year. From / Gulf News