11 May 2005
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.
For further information, please contact:
Catherine Mattison Press Office +44 (0)20 7797 1395
newsroom@londonstockexchange.com