tiprankstipranks
ASX Limited Reports Steep Decline in October Capital
Company Announcements

ASX Limited Reports Steep Decline in October Capital

ASX Limited (AU:ASX) has released an update.

Don't Miss our Black Friday Offers:

ASX Limited’s October 2024 Monthly Activity Report highlights a dramatic decline in new capital quoted, with a total of $3.1 billion compared to $24.2 billion in the same period last year. This sharp decrease reflects a significant drop in market capitalisation of new listings and a considerable increase in the capitalisation of de-listed entities. The overall financial picture paints a challenging landscape for ASX with a negative net new capital quoted of $3.6 billion for the month.

For further insights into AU:ASX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskASX Limited Announces CHESS Project Implementation Timeline
TipRanks Australian Auto-Generated NewsdeskASX Limited Defends Against ASIC Allegations
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App