Boom in Flotations Highlighted by Lse

Summary


The London Stock Exchange yesterday said a recent surge in high- profile flotations had contributed to an 'excellent' trading performance. The LSE said the number of firms making their market debut rose by almost 50% to 272 in the five months to the end of August - the strongest period in more than three years.

The average value of main market listings soared to pounds 353m from pounds 210m last time following headline-grabbing launches such as that of online gaming group PartyGaming and foods group RHM.

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Extract


Boom in Flotations Highlighted by Lse

The trading statement came as the F...

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