ASX Limited ( (AU:ASX) ) has issued an announcement.
The ASX Group’s Monthly Activity Report for March 2025 reveals a significant decline in new capital quoted, totaling $2.5 billion compared to $5.2 billion in the previous corresponding period. The report highlights a negative net new capital quoted of $0.5 billion, a stark contrast to the positive $4.7 billion in the prior year, indicating challenges in capital raising activities. This downturn in capital activity may impact ASX’s market positioning and stakeholder confidence, as the total quoted market capitalization of entities delisted increased to $3.0 billion from $0.5 billion in the previous year.
More about ASX Limited
ASX Limited operates in the financial services industry, providing a platform for securities exchange in Australia. It facilitates listings, capital raisings, and trading of various financial instruments, focusing on supporting market infrastructure and capital formation.
YTD Price Performance: -0.38%
Average Trading Volume: 784
Technical Sentiment Signal: Strong Buy
Current Market Cap: $7.7B
Learn more about ASX stock on TipRanks’ Stock Analysis page.