Market report - February

London Stock Exchange Plc 09 March 2004 MONTHLY MARKET REPORT 9 March 2004 FOR FEBRUARY 2004 MR32 - 02.04 TRADING ROBUST IN FEBRUARY Trading on the London Stock Exchange was robust in February 2004 with year on year increases across its markets. The value traded on SETS, the Exchange's electronic order book, during February 2004 was £76.3 billion. This was the highest amount ever traded on SETS in a single month and represented a 45 per cent increase from the £52.7 billion traded in February last year. There were 3.12 million trades on SETS in February 2004 - up 20 per cent on February 2003. Included in these figures were 206,875 SETSmm trades worth £2.8 billion. The average daily number of trades on SETS rose to 156,032 from 129,598. There were 4.44 million UK equity trades on the Exchange in February 2004, an increase of 29 per cent on the total of 3.44 million equity trades in February 2003. The total value of UK shares traded this year was £210.6 billion, up from £124.8 billion in February 2003. Trading in covered warrants and ETFs also showed year on year gains. In February 2004, there were 8,032 ETF and 4,654 covered warrant trades compared to last February's totals of 4,972 and 1,472 trades respectively. The number of trades on EDX London increased again in February 2004, with 3.1 million contracts traded. This was 44 per cent up on the previous high in January 2004. On the primary market, there were 11 new issues in February raising £61.59 million between them. Two of these were on the Main Market (one of which was an IPO) and nine on AIM (four of which were IPOs). This compares with four new issues (one on the Main Market and three on AIM) in February 2003. There were 20 business days in February 2004, which was the same number as in February 2003. - ends - For further information, please contact: Press Office +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 February 2004 2004 2003 DOMESTIC EQUITY TRADING Month Year to date Month Year to date Equity Trading Value (£m) 210,638 420,387 124,833 273,545 Number of Equity Trades 4,439,050 9,202,769 3,435,325 7,342,542 INTERNATIONAL EQUITY TRADING Equity Trading Value (£m) 179,857 390,102 117,342 294,488 Number of Equity Trades 882,496 1,850,578 778,787 1,935,236 ORDER BOOK TRADING Order Book Value (£m) 76,303 151,734 52,707 114,854 Order Book Trades 3,120,646 6,491,586 2,591,959 5,469,682 February 2004 February 2003 DOMESTIC MARKET CAPITALISATION (£bn) 1,402 1,076 TOTAL NUMBER OF COMPANIES 2,673 2,804 UK list 1,539 1,689 Foreign 373 412 AIM 761 703 of which techMARK 176 207 2004 2003 MONEY RAISED (£m) Month Year to date Month Year to date UK & AIM New Issues Equity 62 146 0 26 Further, Rights and Other 246 1,234 242 411 Bonds, Warrants, Fixed Interest 4,441 21,050 4,809 10,489 Int. New Issues Equity - - - - Further, Rights and Other - 91 77 77 Bonds, Warrants, Fixed Interest 7,948 16,533 8,816 17,880 COMPANIES ADMITTED 11 22 4 18 This information is provided by RNS The company news service from the London Stock Exchange
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