October 3, 2018 / 7:13 AM / a year ago

Aston Martin shares open flat at 19 pounds per share in London debut

FILE PHOTO: An Aston Martin logo is pictured during the 88th Geneva International Motor Show in Geneva, Switzerland, March 6, 2018. REUTERS/Denis Balibouse/File Photo

LONDON (Reuters) - Shares in luxury carmaker Aston Martin (AML.L) opened flat at the offer price of 19 pounds ($24.70) per share in its London debut on Wednesday.

By 0707 GMT the stock inched up to 19.14 pounds per share.

Bankers typically target a slight bump in the stock on the first day of trading of an initial public offering to help build momentum.

Reporting by Dasha Afanasieva, editing by Sinead Cruise

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