The flotation frenzy has already seen companies like Merlin Entertainments, Stock Spirits, Bonmarche, Poundland and AO World list in London. Those successful listings have buoyed the market further and companies including Just Eat, Saga and Card Factory are just a few of the companies queuing to IPO this year.
The new companies listing in the market has also meant that the value of the UK main market has grown by 8pc to £2.3 trillion while Aim, London’s junior market for smaller companies has increased by a quarter to £81bn.
Clearing house LCH.Clearnet, which the London Stock Exchange acquired 60pc stake in 2012, also recorded an increase in OTC derivative clearing volumes the exchange said.
The company said that the average daily value of its flagship equity market traded up 8pc during the last 11 months.
"The Group is seeing good performance across our businesses in the final quarter. Both primary and secondary market activity levels have increased over the past year, with improvements in capital markets also feeding through to our Post Trade businesses”, Xavier Rolet, chief executive, said.
more
{ 0 comments... » London Stock Exchange reports 91pc jump in capital raised read them below or add one }
Post a Comment