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Shares in Poland's Allegro soar more than 50% in market debut

WARSAW/GDANSK, Poland, Oct 12 (Reuters) - Shares in Polish e-commerce company Allegro rose 51.2% on their stock market debut, Refinitiv Eikon data showed on Monday, in an initial public offering (IPO) that could attract more companies to the Warsaw bourse.

Shares opened at 65 zlotys ($17.19), after the IPO was priced at 43 zlotys per share. At the opening price, the company is valued at $17.6 billion.

$1 = 3.7841 zlotys Reporting by Anna Banacka in Gdansk and Alan Charlish and Anna Koper in Warsaw; Editing by Edmund Blair

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