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Biggest week of the year for IPOs

Nine Entertainment has provided a disappointing end to the biggest week of the year for IPOs, with a total of six new listings in the past five trading sessions.

Edmund Tadros
Sally Rose | Edmund Tadros | Les HewittProfessional services editor
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Shares in Nine Entertainment Co closed down 3.4 per cent on their float price of $2.05, a disappointing end to the biggest week for floats on the Australian stock market.

On Thursday, a $341 million IPO from credit rating Veda Group made one of the most impressive debuts of the year, ending the week up 54 per cent.

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Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au
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    Original URL: https://www.afr.com/companies/financial-services/biggest-week-of-the-year-for-ipos-20131206-jgkvk