Market report - April 2005
London Stock Exchange Plc
11 May 2005
News Release
11 May 2005
MR46-04.05
TRADING ON LONDON STOCK EXCHANGE CONTINUES STRONG TREND
The average daily number of trades on the London Stock Exchange during April
2005 was 309,179, an increase of 19 per cent on April 2004. In total there were
6.5 million equity trades on the Exchange during the month, an increase of 25
per cent on the total number of trades in the same month last year.
On SETS the average daily number of trades was up 29 per cent on April 2004 to
200,104. The average daily value traded on SETS was £3.9 billion, an increase
of 14 per cent on the same month last year.
Included in the SETS figures, SETSmm saw an average 25,846 trades per day
during April 2005, more than double the number in April 2004. The average daily
value traded on SETSmm during the month was £243.4 million, an increase of 85
per cent on the average daily value traded during April last year.
ETFs marked their fifth year of trading in the London Stock Exchange with the
average daily number of ETF trades up 7 per cent on April 2004, and the average
daily value traded up 43 per cent to £30.0 million.
There were 59 new issues on the primary market during April 2005, raising £641.8
million between them. Of these new issues, seven were IPOs on the Main Market.
This compares with five IPOs on the Main Market in April 2004. On AIM there were
32 IPOs during April 2005, compared with 17 IPOs in the same month last year.
IPOs on AIM during April 2005 raised a total of £400.1 million between them.
There were 21 business days in April 2005, compared with 20 in April 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).
• 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
April 2005
2005 2004
DOMESTIC EQUITY TRADING Month Year to date Month Year to date
Equity Trading Value (£m) 201,283 822,841 178,805 826,192
Number of Equity Trades 5,206,215 20,440,487 4,243,690 18,546,640
INTERNATIONAL EQUITY TRADING
Equity Trading Value (£m) 205,538 831,551 208,187 824,352
Number of Equity Trades 1,286,554 4,982,794 968,395 3,956,314
ORDER BOOK TRADING
Order Book Value (£m) 82,745 320,041 69,408 304,410
Order Book Trades 4,202,191 16,225,319 3,100,363 13,226,082
April 2005 April 2004
DOMESTIC MARKET CAPITALISATION (£bn) 1,483 1,391
TOTAL NUMBER OF COMPANIES 2,942 2,700
Main Market UK 1,435 1,521
Main Market International 341 370
of which techMARK 161 177
AIM 1,166 809
2005 2004
MONEY RAISED (£m) Month Year to date Month Year to date
New equity issues: UK Main Market and 623 1,746 409 1,306
AIM
Further, Rights and Other 556 2,134 274 2,633
Bonds, Warrants, Fixed Interest 14,514 51,357 5,671 49,869
New equity issues: International Main 19 1,034 201 219
Market
Further, Rights and Other - 69 3 111
Bonds, Warrants, Fixed Interest 10,283 32,571 8,637 34,017
COMPANIES ADMITTED 59 211 30 91
This information is provided by RNS
The company news service from the London Stock Exchange
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