South Korean data centre company Elice closed its stock market debut down over 30% on Tuesday, adding to concerns about returns on artificial intelligence infrastructure spending. Elice closed at 60,500 won ($45.57), compared with its 90,500 won offer price. The KOSPI fell almost 4% to finish at 5,552. Brent crude topped $111 a barrel, reaching its highest level since May amid persistent concerns about Middle Eastern supply disruptions and shipping risks.
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Elice falls over 30% in debut as Brent crude tops $111 a barrel
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