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.
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Source: SkyNewsAust - 🏆 7. / 78 Read more »