Market report - August
London Stock Exchange Plc
08 September 2004
8th September 2004
MR38-08.04
AUGUST EQUITY TRADING UP 22 PER CENT ON 2003
August saw further year on year increases in trading volumes across the London
Stock Exchange's markets, with a 22 per cent increase on the same month last
year in value traded and a 20 per cent increase in the number of trades. In
total there were 4,965,401 trades during August with a value of £329.6 billion.
On SETS, the Exchange's electronic order book, the average daily value traded
was £3.0 billion, up 16 per cent on the same month last year. The total number
of trades on SETS during the month was up 37 per cent on the previous year at
3.22 million, while the value traded increased 21 per cent to £63.2 billion.
Contributing to the SETS numbers, trading on SETSmm amounted to £2.73 billion,
with a record 291,171 trades. August trading on EUROSETS, the Exchange's new
service for Dutch equities amounted to €1.03 billion.
There were 8,213 ETF trades on the London Stock Exchange in August with a total
value of £405.1 million, an increase of 131 per cent by value on the same month
last year. The value of covered warrants traded during the month was £12.1
million, up 80 per cent on August last year.
On the primary market there were nineteen IPOs, of which two were on the main
market. With seventeen IPOs, including two from international companies, AIM
attracted more than twice as many new companies in August 2004 as during the
same month last year. AIM IPOs in August raised £90.57m, bringing the total for
the year to date to £1,566.4 million. The number of companies on AIM reached
900 on 13th August, and by the end of the month there were 917 AIM companies.
There were 21 business days in August 2004, compared with 20 in August 2003.
- 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 foremost 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 the London Stock
Exchange's 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
An IPO or Initial Public Offering is when a new company joins our market and
raises capital by issuing shares. This excludes transfers and introductions
(when companies join the 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 -
www.londonstockexchange.com/en-gb/products/membershiptrading/retailtradestat
Figures are available from November 2002 to date.
LONDON STOCK EXCHANGE
MONTHLY FACTSHEET FIGURES
August 2004
2004 2003
DOMESTIC EQUITY TRADING Month Year to date Month Year to date
Equity Trading Value (£m) 155,394 1,540,774 146,237 1,165,527
Number of Equity Trades 4,010,973 35,131,180 3,478,227 29,592,289
INTERNATIONAL EQUITY TRADING
Equity Trading Value (£m) 174,160 1,564,195 123,895 1,110,211
Number of Equity Trades 954,428 7,648,982 648,496 6,814,315
ORDER BOOK TRADING
Order Book Value (£m) 63,225 582,109 52,044 456,624
Order Book Trades 3,215,779 26,119,101 2,345,084 21,083,341
August 2004 August 2003
DOMESTIC MARKET CAPITALISATION (£bn) 1,374 1,283
TOTAL NUMBER OF COMPANIES 2,762 2,701
UK list 1,486 1,601
Foreign 359 393
AIM 917 707
of which techMARK 171 188
2004 2003
MONEY RAISED (£m) Month Year to date Month Year to date
UK & AIM New Issues Equity 106 3,975 22 1,770
Further, Rights and Other 609 7,255 613 3,028
Bonds, Warrants, Fixed Interest 3,908 85,686 3,495 72,887
Int. New Issues Equity - 587 - 100
Further, Rights and Other 13 180 - 4,830
Bonds, Warrants, Fixed Interest 3,066 65,328 9,523 64,753
COMPANIES ADMITTED 36 244 15 99
This information is provided by RNS
The company news service from the London Stock Exchange
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