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ASX Limited ( (AU:ASX) ) has issued an announcement.
The ASX Group Monthly Activity Report for December 2024 highlights a significant decline in total new capital quoted, which fell to $7.2 billion from $12.6 billion in the previous corresponding period. Despite the reduction in capital raisings and a negative net new capital quoted for the year, there was an increase in new listings, with 67 entities listed in 2024 compared to 45 in 2023. This shift suggests a challenging environment for capital formation but a growing interest in market participation, potentially impacting ASX’s market positioning and stakeholders’ investment strategies.
More about ASX Limited
ASX Limited is a prominent entity in the financial sector, primarily engaged in the operation of Australia’s primary securities exchange. The company provides a marketplace for trading a wide array of financial products, including equities, derivatives, and fixed income securities, and plays a crucial role in facilitating capital formation and risk management for its stakeholders.
YTD Price Performance: 0.36%
Average Trading Volume: 589
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.88B
See more insights into ASX stock on TipRanks’ Stock Analysis page.
