Sunday, 24 December 2017

Global IPO volume hits 10-year high | ZAWYA MENA Edition

Global IPO volume hits 10-year high | ZAWYA MENA Edition:

"Global IPO volumes in 2017 reached the highest level in a decade, according to the latest Cross-Border IPO Index (as at 4 December 2017) by global law firm Baker McKenzie. The Middle East region also picked up with 300 per cent increase in value of domestic deals and securing the first cross-border listing in the region since 2015. Low market volatility as a result of the relatively benign geopolitical environment and improved market sentiment were behind the increase in global IPO activity, which saw both cross-border and domestic activity grow. In total, 1,694 companies raised $206.6 billion from IPOs, a jump of around a third in both value and volume on 2016."



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