Market Report - April 2004

London Stock Exchange Plc 11 May 2004 MONTHLY MARKET REPORT 11 May 2004 FOR APRIL 2004 MR34 - 04.04 APRIL SETS(TM) TRADES UP 25 PER CENT Trading on the London Stock Exchange continued to grow in April 2004 with year on year increases across its markets. In April 2004, the average daily number of trades on SETSTM, the Exchange's electronic order book, rose to 155,018 from 124,450 in April 2003. The value traded on SETS during the month was £69.4 billion representing a 31 per cent increase from £52.8 billion traded in April last year. There were 3.1 million trades on SETS - up 25 per cent on April 2003 - including 229,533 SETSmm trades worth £2.64 billion. There were 4.24 million UK equity trades in the month, an increase of 22 per cent on the total of 3.49 million equity trades in April 2003. The total value of UK shares traded during the month was £178.8 billion, up 34 per cent from £133.7 billion on the corresponding period last year. Trading in covered warrants and ETFs also showed gains with 8,891 ETF and 3,877 covered warrant trades compared to last April's totals of 4,558 and 1,884 trades respectively. Following 24 new admissions during the month, the number of AIM companies rose above 800 for the first time. At the end of April 2004, there were 809 AIM companies with a combined market capitalisation of £21.9 billion. This was up from 705 companies with a combined market capitalisation of £10 billion at the end of April 2003. The primary market saw 30 new issues in April raising £409.3 million between them. Six of these were on the Main Market (five of which were IPOs) and 24 were on AIM (17 of which were IPOs). This compares with 16 new issues (five on the Main Market and 11 on AIM) in April 2003. There were 20 business days in April 2004, which was the same number as in April 2003. - ends - For further information, please contact: Richard Webster-Smith +44 (0)20 7797 1222 Notes to editors: • About the London Stock Exchange: The London Stock Exchange is one of the world's leading equity exchanges and a leading provider of services that facilitate the raising of capital and the trading of shares. The London Stock Exchange is the most international equities exchange by trading in the world and Europe's largest pool of liquidity. By the end of 2003, the market capitalisation of UK and international companies on its markets amounted to £3.3 trillion, with £3.6 trillion of equity business transacted over the year. The London Stock Exchange is a Recognised Investment Exchange (RIE) under the Financial Services and Markets Act 2000 and is supervised by the Financial Services Authority • SETS - the electronic order book. It is over six years since the launch of SETS and the service continues to go from strength to strength. Overall, the market is benefiting from tighter spreads and greater liquidity. Usage of SETS continues to grow, as shown by recent record increases in the number of orders entered, the number of firms using the order book and order book share of business. Indices are calculated and managed by FTSE Group, a world-leader in the creation and management of global equity indices. The FTSE Group is jointly owned by the London Stock Exchange and the Financial Times, but operates as a wholly autonomous company. For information about the company or any FTSE indices, please contact media@ftse.com IPO - when a new company joins our market raising money. This excludes transfers and introductions (a company that joins a market without raising money). • SETSmm SETSmm is the Exchange's new trading service for FTSE 250 and other leading non order book securities. By combining the best features of the existing SETS and SEAQ trading services, SETSmm appeals to market users who want to trade electronically, as well as those customers who use the market making system. • Retail Trading Figures Retail trading figures are available from our website at - http:// www.londonstockexchange.com/trading/retailtrade.asp Figures are available from November 2002 to date. LONDON STOCK EXCHANGE MONTHLY FACTSHEET FIGURES April 2004 2004 2003 DOMESTIC EQUITY TRADING Month Year to date Month Year to date Equity Trading Value (£m) 178,805 826,192 133,683 551,901 Number of Equity Trades 4,243,690 18,546,640 3,488,392 14,710,575 INTERNATIONAL EQUITY TRADING Equity Trading Value (£m) 208,187 824,352 122,404 545,844 Number of Equity Trades 968,395 3,956,314 800,450 3,642,102 ORDER BOOK TRADING Order Book Value (£m) 69,408 304,410 52,784 227,370 Order Book Trades 3,100,363 13,226,082 2,489,005 10,823,918 April 2004 April 2003 DOMESTIC MARKET CAPITALISATION (£bn) 1,391 1,163 TOTAL NUMBER OF COMPANIES 2,700 2,760 UK list 1,521 1,649 Foreign 370 406 AIM 809 705 of which techMARK 177 203 2004 2003 MONEY RAISED (£m) Month Year to date Month Year to date UK & AIM New Issues Equity 409 1,306 73 109 Further, Rights and Other 274 2,633 83 710 Bonds, Warrants, Fixed Interest 5,761 49,869 8,258 35,621 Int. New Issues Equity 201 219 - - Further, Rights and Other 3 111 3,783 3,908 Bonds, Warrants, Fixed Interest 8,637 34,017 7,774 31,902 COMPANIES ADMITTED 30 91 16 42 This information is provided by RNS The company news service from the London Stock Exchange
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