Increased IPOs could herald market comeback

first_img KCS-content whatsapp Tags: NULL Thursday 7 October 2010 7:59 pm whatsapp AN increase in initial public offerings (IPO) on the Alternative Investment Market (AIM) in the last quarter may signal the start of a market recovery, research suggested yesterday, despite the summer months being a traditionally quieter period for listings.PricewaterhouseCoopers (PwC) said listings on Aim increased from 10 in the second quarter, worth a total of £133m, to 12 in the last quarter with a value of £175m. Five of the listings launched in September, while four were launched in July and three in August. This compared with a more traditional decline in main market listings over the summer where there were 20 IPOs with a combined value of £1,410m, compared with 27 listings with a value of £2,529m in the second quarter.David Snell, a partner at PwC, said: “The increase in offering value and number of IPOs since the last quarter is positive and could signal the beginning of a recovery on Aim.” Share Show Comments ▼ More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comConnecticut man dies after crashing Harley into live bearnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April Increased IPOs could herald market comeback last_img read more