The European IPO market turnover rises to 21.8 billion euros in the first half of 2018

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Mediafax

The European Initial Public Market (IPO) market finished S1 in 2018 with a turnover of 21.8 billion euros out of 168 IOPs, the value being boosted by the listing by Deutsche Boerse of Division and Division Siemens Healthineers DWS Group and Deutsche Bank, PwC announced Wednesday

Figures show a 5% increase in prices and 4% in the list of ads compared to the same period in 2017 where 161 IPO-

In the second quarter of 2018, the IPO activity was lower at the European level, with 99 IPOs of a total of 9.3 billion euros

This translates into a 43% decrease in amounts attracted and 7% in the number of IPOs launched compared to the same period of 2017, when 106 IPOs attracted 16.2 billion euros [19659003] "In Continental Europe, The apitalists scan Dinaves continue to be active in the listings, with 24 IPOs attracted 1.8 billion euros in the second quarter. The biggest IPO in the region was Kojamo, a Finnish real estate company. The largest IPO of the quarter was Ceva Logistics, which attracted EUR 1.1 billion to the SIX Swiss Exchange, which represents 12% of the total value of the IPO in the second quarter and was the only mega Quarterly IPO, "says PwC.

PwC notes that in the second quarter, the London Stock Exchange remained the largest market for European capital, both in terms of volume and value of announced IPOs

. 25 pounds are 25% higher than in the second quarter of last year, when 24 IPOs attracted £ 2 billion.

"Despite the uncertainties surrounding the negotiations For Brexit, London has shown that it is still able to attract cross-border listings." Two of the top five IPOs in the second quarter were launched in London. Avast plc in the Czech Republic and Vivo Energy, a trading company on the African markets, respectively attracted £ 692 million, £ 603 million. "

The technology sector dominated the IPO- announced in the UK and holds 40% of funds attracted in the second quarter. In the United Kingdom, the third largest IPO of the quarter, Avast plc, and those of electronic game companies Codemasters Group and Team 17, which attracted 185 million pounds and 108 million pounds respectively, were launched. Team 17 was listed on the secondary market, AIM of the London Stock Exchange