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CIRSA Cirsa Enterprises SAU News Story

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Spanish gambling company Cirsa's shares rise in market debut

MADRID, July 9 (Reuters) - Shares of Blackstone's BX.N gambling company Cirsa CIRSA.MC rose on Wednesday morning in their trading debut on the Spanish market.

Shares were up 2.4% at 1011GMT in Madrid at 15.33 euros, while the blue chip IBEX-35 .IBEX index was up 0.9%.

Earlier this week, the company had priced its shares at 15 euros, which meant a market capitalisation of about 2.52 billion euros.

Cirsa's Initial Public Offering is the first in Spain since travel technology company HBX Group HBX.MC floated on the stock market in February.

 (Reporting by Mireia Merino; Editing by Inti Landauro)

 ((Inti.Landauro@thomsonreuters.com;))

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