Press releases 2001

10 September 2001

 

MONTHLY MARKET REPORT - No. 2 (August 2001)

 

• NUMBER OF SETS TRADES IN AUGUST 2001 DOUBLE THAT OF AUGUST 2000

   

• NUMBER OF TRADES ON SETS IN FIRST 8 MONTHS OF 2001 EXCEEDS TOTAL FOR 2000

   

The number of trades on SETS, the Exchange's electronic order-book, was higher in the first eight months of 2001 than for the whole of 2000 reaching 9.1m trades to date in 2001, compared with 8.6m for all of 2000. The number of trades on SETS was up 100 per cent in August 2001 with 1,307,814 trades, compared to 652,565 trades in August 2000. The value traded also increased by 23.9 per cent to 50.4bn in August 2001, compared to 40.7bn in August 2000.

 

The total number of equity trades in the first eight months of 2001 was 13.6 per cent higher than for the same period of last year, with value traded up by 5.9 per cent. In August this amounted to 403 billion of business spread across 3.9 million trades. This represented an increase in the number of trades over August last year of 23.8 per cent.

 

The banking sector represented the greatest proportion of trading by sector in August 2001, with 301,824 trades worth 19.5 billion.

 

The London Stock Exchange's Alternative Investment Market (AIM) welcomed 21 companies in August, ending the month with 597 companies quoted. AIM and techMARK now account for 88.5 per cent of all the European growth and technology markets, with market capitalisation of 466bn and 836 companies.*

 

A further 13 companies joined the Exchange's main market including Woolworths Group plc and IVAX Corporation, an American pharmaceuticals company. These brought the total number of company admissions for August 2001 to 34 (12 main market UK, 1 main market international, 21 AIM).

 

Companies raised a total of 800 million across the market in August, bringing the year to date total to almost 25 billion. The split between new issue capital raising and further issue capital raising was 66:34 for August and is now 41:59 for the year to date.

 

* 88.5 per cent by market capitalisation at the end of July 2001. For comparative purposes "all European growth and technology markets" are defined as: techMARK, AIM, Neuer Markt, Nasdaq Europe/Easdaq, Nouveau Marche, NMAX and Nuovo Mercato. Calculations based on most recent available data from individual exchange websites. 836 companies is the figure at the end July 2001.

 

LONDON STOCK EXCHANGE

 

MONTHLY FACTSHEET FIGURES

 

August 2001

 

	2001		2000
DOMESTIC EQUITY TRADING	Month	Year to date	Month	Year to date
Equity Trading Value (m)	135,734	1,287,994	141,511	1,304,332
Number of Equity Bargains	2,468,290	20,544,549	2,198,050	20,428,280
INTERNATIONAL EQUITY TRADING
Equity Trading Value (m)	267,491	2,661,999	268,540	2,426,034
Number of Equity Bargains	1,421,000	10,875,594	943,572	7,220,207

	August 2001	August 2000
DOMESTIC MARKET CAPITALISATION bn	1,578	1,985
TOTAL NUMBER OF COMPANIES	2,928	2,875
UK list	1,856	1,911
Foreign	475	504
AIM	597	460
techMARK	249	231

	2001		2000
MONEY RAISED m	Month	Year to date	Month	Year to date
UK & AIM New Issues	453	6,156	451	9,106
Further, Rights and Other	326	13,703	2,094	10,203
Bonds and Warrants	5,346	55,311	4,330	65,881
Int. New Issues	-	3,292	74	2,564
Further, Rights and Other	33	1,346	2	785
Bonds and Warrants	4,351	59,923	8,130	61,648
COMPANIES ADMITTED IN MONTH	34	222	38	307

INDICES PERFORMANCE	Month Close	Mvt in Month	Mvt in Year
FTSE100	5,345.0	-3%	-14%
FTSE All Share	2,590.2	-3%	-13%
FTSE techMARK 100	1,448.2	-8%	-44%
FTSE AIM	1,027.3	-1%	-29%

For more detailed figures please visit the Statistics section of our website.