Market report - June 2005

London Stock Exchange Plc 11 July 2005 News Release 11 July 2005 MR48-06.05 MAIN MARKET HAS BEST MONTH FOR IPOS IN FOUR YEARS June 2005 was the strongest month for IPOs on the Main Market of the London Stock Exchange since 2001. There were 15 IPOs on the Main Market during June, raising a total of £1.9 billion between them, the largest amount of money raised by IPOs on the Main Market since July 2001 and the largest number of IPOs since November 2000. AIM saw 36 IPOs during the month raising £552.8 million between them. International companies accounted for 10 of the 51 IPOs on the Exchange in June 2005: three of these were on the Main Market, seven were on AIM. Overall, there were 82 new issues on the Exchange during June, the most for over eight years. Trading was also strong during June, with a total of 6.7 million equity trades across the London Stock Exchange's markets, worth a total of £422.4 billion. The average daily number of trades was 303,371, up 31 per cent on June 2004 and the average daily value traded was £19.2 billion, up 12 per cent on the previous year. The total number of trades on SETS was up 30 per cent on June last year to 4.1 million trades. The total value traded on SETS was £82.3 billion, up 19 per cent on June 2004. The average daily number of trades on SETS was 186,629, and the average daily value traded was £3.7 billion. Included in the SETS figures, SETSmm continued its trend of strong growth, with an increase of 119 per cent in the number of trades to 562,843, up from 257,199 trades in June 2004. At the same time the total value traded in the month increased by 91 per cent to £5.5 billion. There were 22 business days in June 2005, the same number as in June 2004. - ends - For further information, please contact: Catherine Mattison Press Office +44 (0)20 7797 1395 newsroom@londonstockexchange.com Notes to editors: • About the London Stock Exchange The London Stock Exchange is one of the world's leading equity exchanges and an international provider of services that facilitate the raising of capital and the trading of shares and debt securities. The London Stock Exchange is the most international equities exchange by trading in the world and Europe's largest pool of liquidity. In 2004, 80% of all European IPOs floated in London. By the end of 2004, the market capitalisation of UK and international companies on the London Stock Exchange's markets amounted to £3.5 trillion, with £4.7 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. Companies considering flotation have a choice of markets: Main Market The London Stock Exchange's Main Market for established companies seeking international recognition is one of the world's best known, longest established and most liquid markets. It is home to some of the world's most successful companies, giving them access to one of the deepest pools of capital in the world. AIM AIM is the London Stock Exchange's international market specifically designed for smaller, growing companies, combining the benefits of a public flotation with appropriate levels of regulation. • IPO An IPO or Initial Public Offering is when a new company joins one of our markets and raises capital by issuing shares. This excludes transfers and introductions (when companies join the market without raising money) but may include placings. • Indices 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 • SETS - the electronic order book It is over seven 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. • SETSmm SETSmm is the Exchange's successful 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 - www.londonstockexchange.com/en-gb/products/membershiptrading/retailtradestat Figures are available from November 2002 to date. LONDON STOCK EXCHANGE MONTHLY FACTSHEET FIGURES June 2005 2005 2004 DOMESTIC EQUITY TRADING Month Year to date Month Year to date Equity Trading Value (£m) 195,320 1,197,271 184,841 1,200,654 Number of Equity Trades 5,058,618 30,362,749 4,193,717 26,825,791 INTERNATIONAL EQUITY TRADING Equity Trading Value (£m) 227,126 1,262,839 191,731 1,215,149 Number of Equity Trades 1,615,535 7,941,156 891,822 5,729,425 ORDER BOOK TRADING Order Book Value (£m) 82,346 475,437 69,082 444,514 Order Book Trades 4,105,846 24,341,767 3,163,980 19,497,790 June 2005 June 2004 DOMESTIC MARKET CAPITALISATION (£bn) 1,580 1,388 TOTAL NUMBER OF COMPANIES 2,994 2,722 Main Market UK 1,412 1,508 Main Market International 342 368 of which techMARK 152 178 AIM 1,240 846 2005 2004 MONEY RAISED (£m) Month Year to date Month Year to date New equity issues: UK Main Market and 1,344 4,124 747 2,387 AIM Further, Rights and Other 1,228 3,808 375 5,869 Bonds, Warrants, Fixed Interest 16,572 76,786 9,092 68,410 New equity issues: International Main 1,199 2,545 100 587 Market Further, Rights and Other 75 218 - 122 Bonds, Warrants, Fixed Interest 21,787 63,956 9,254 55,357 COMPANIES ADMITTED 82 336 33 153 This information is provided by RNS The company news service from the London Stock Exchange
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