Market Report - Jan 2004

London Stock Exchange Plc 10 February 2004 MONTHLY MARKET REPORT 10 February 2004 FOR JANUARY 2004 MR31 - 01.04 STRONG START TO TRADING IN 2004 Trading in 2004 began strongly with the number and value of trades in January increasing year on year across most of the London Stock Exchange's markets. January 2004 was the strongest month yet for trading on EDX London with 2.24 million contracts traded. This was an increase of 27 per cent on the previous high in October 2003. The value traded on SETSTM, the Exchange's electronic order book, was £75.4 billion during the month, rising from last year's value of £62.1 billion. The total number of trades on SETS reached an all-time high of 3.37 million in January 2004 - a 17 per cent increase year on year. Included in these figures were 220,481 SETSmm trades worth £3.0 billion, a healthy increase on the 131,884 trades worth £1.6 billion recorded in December. The average daily number of trades on SETS rose to 160,521 from 130,806. There were 4.76 million UK equity trades on the Exchange in January 2004, up 22 per cent on the total of 3.91 million equity trades in January 2003. The total value of UK shares traded in January 2004 was £209.7 billion, up from £148.7 billion last year. The number of international equity trades fell from 1.16 million trades in January 2003 to 968,082 trades in January 2004, a decrease of 16 per cent. But the value of these trades was £210.2 billion compared to £177.1 billion in January 2003. On the primary market, there were 11 new issues during January 2004, one on the Main Market and ten on AIM (three of which were IPOs) raising £84.32 million between them. This was down from the 14 new issues seen in January 2003. There were 21 business days in January 2004 compared with 22 days in January 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 FACTSHEET FIGURES January 2004 2004 2003 DOMESTIC EQUITY TRADING Month Year to date Month Year to date Equity Trading Value £m 209,749 209,749 148,712 148,712 Number of Equity Bargains 4,763,719 4,763,719 3,907,217 3,907,217 INTERNATIONAL EQUITY TRADING Equity Trading Value £m 210,245 210,245 177,146 177,146 Number of Equity Bargains 968,082 968,082 1,156,449 1,156,449 ORDER BOOK TRADING Order Book Value £m 75,431 75,431 62,147 62,147 Order Book Bargains 3,370,940 3,370,940 2,877,723 2,877,723 January 2004 January 2003 DOMESTIC MARKET CAPITALISATION £bn 1,367 1,055 TOTAL NUMBER OF COMPANIES 2,681 2,815 UK List 1,548 1,694 Foreign 376 416 AIM 757 705 techMARK 176 209 2004 2003 MONEY RAISED £m Month Year to date Month Year to date UK & AIM New Issues 84 84 26 26 Further, Rights and Other 988 988 170 170 Bonds Warrants and Fixed 16,609 16,609 5,680 5,680 International New Issues - - - - Further, Rights and Other 91 91 - - Bonds Warrants and Fixed 8,586 8,586 9,064 9,064 COMPANIES ADMITTED 11 11 14 14 This information is provided by RNS The company news service from the London Stock Exchange
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