IPO market collapses on inflation fears

The pipeline of initial public offerings to the Australian Securities Exchange has collapsed on concerns about rising interest rates and geopolitical instability, new analysis shows.

The slowdown is even more pronounced in comparison to the final six months of 2021, when 130 companies listed, raising almost $10 billion. What optimism there is around IPOs for the second half of 2022 resides almost entirely in the materials and energy sectors, which represent 87 per cent of proposed new market entrants.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘So much risk’ for disability support recipients entering job marketThe dole should not be suddenly drastically cut, it should be calculated along with all other earnings as taxable income Casuals get a higher rate for being casual in lieu of holiday pay etc - why is it the governments (taxpayers) responsibility to pay them again?
Source: SkyNewsAust - 🏆 7. / 78 Read more »