Friday, 19 December 2014

Global IPO market booms 50% in 2014


Traders work on the floor of the New York Stock Exchange.
Scott Eells | Bloomberg | Getty Images
Traders work on the floor of the New York Stock Exchange.
The global initial public offering (IPO) market was on a roll this year, as companies sought to take advantage of the rising stock market and strong investor appetite.
IPO volume totaled $257.7 billion – up 49 percent on year and the highest total since 2010, according to preliminary figures from Dealogic.
Chinese e-commerce giant Alibaba Group's blockbuster $25.0 billion IPO on the New York Stock Exchange (NYSE), was the largest this year and on record, topping Agricultural Bank of China's $22.1 billion listing in 2010.
Saudi Arabia's National Commercial Bank's $6.0 billion IPO and Australia's largest private health insurer Medibank Private's $4.9 billion IPO ranked in second and third place for the year.

Read MoreWhat will be hot for 2015 IPOs?
By sector, technology and finance companies were the most activ
e in their equity market capital raising activities.
Technology IPOs raised $59.9 billion in 2014, surging from $11.0 billion last year and the second highest yearly volume on record behind 2000. Meanwhile, finance IPOs raised $38.5 billion, more than double the $19.2 billion raised in 2013.
Top exchange of 2014 is…
The NYSE retained its crown as the largest exchange by IPO volume in 2014, with 111 deals valued at $71.7 billion, a record year for the exchange. Last year, volume totaled $43.9 billion.
<p>Tracking Asia's IPO market</p> <p>Josef Schuster, founder of IPOX Schuster, discusses the stock trading debuts in Asia over the past year. He expects the consumer and technology sectors will offer opportunities for investors in 2015.</p>
NYSE beat Nasdaq by clinching Alibaba's record-breaking IPO, a big blow to Nasdaq, which has been the preferred option for many tech companies listing in the U.S.
Nevertheless, Nasdaq led by number of deals with 173 IPOs valued at a total of $23.3 billion.

Asian companies rush to raise cash

By region, Asian companies led the way in fund raising, with IPO volumes climbing to $106.8 billion, the highest since 2010.

Europe, Middle East and Africa, or EMEA, and U.S. companies raised $83.8 billion and $60.9 billion, respectively. For the U.S., this was the highest total since 2000.

British-owned U.S. bank Citizens Financial Group's $3.5 billion IPO in September was the U.S.'slargest IPO since Facebook's listing in 2012.
Ansuya HarjaniAnsuya Harjani

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