Market Report - August 2003
08 September 2003 - 1:09PM
UK Regulatory
RNS Number:4960P
London Stock Exchange Plc
08 September 2003
8 SEPTEMBER 2003
MONTHLY MARKET REPORT FOR AUGUST 2003
FURTHER GROWTH IN SETS TRADES in AUGUST
The number of trades on SETS, the London Stock Exchange's electronic order book,
increased to 2.35 million in August 2003, 15 per cent higher than the 2.03
million trades in August 2002. The value traded on SETS during the month was
#52 billion, up from #50 billion in August 2002.
The average daily number of trades on SETS was 117,254, up 21 per cent from
96,848 in August 2002. SETS achieved a 60.6 per cent share of eligible trades
by value in August 2003, compared with 63.7 per cent in August 2002. There were
20 business days in August 2003 compared with 21 in August 2002.
The total number of equity trades on the Exchange was 4.13 million in August
2003. This represents a marginal increase on August 2002, during which there
was a total of 4.11 million equity trades. The total value of shares traded
this August was #270.1 billion, down from #305.9 billion last August.
In August 2003, there were 775,519 retail trades representing 18.8 per cent of
all trading on the Exchange. This was up on July 2003, when retail trading
represented 17.4 per cent of all trading. These figures are calculated on
declarations from participating member firms.
On the primary market, there were 15 new issues during August 2003, seven of
which were IPOs on AIM, raising #12.8 million between them. This compares with
21 new issues, of which 4 were IPOs, in August 2002.
- Ends -
For further information, please contact:
Tiffany Hardie-Evans Press Office +44 (0)20 7797 1222
Notes to editors:
* About the London Stock Exchange:
The London Stock Exchange is one of the world's leading equity exchanges and a
leading provider of services that facilitate the raising of capital and the
trading of shares.
The London Stock Exchange is the most international equities exchange by trading
in the world and Europe's largest pool of liquidity. By the end of 2002, the
market capitalisation of UK and international companies on its markets amounted
to #3.1 trillion, with #4.6 trillion of equity business transacted over the
year.
The London Stock Exchange is a Recognised Investment Exchange (RIE) under the
Financial Services and Markets Act 2000 and is supervised by the Financial
Services Authority.
* SETS - the electronic order book.
It is now five years since the launch of SETS and the service continues to go
from strength to strength. Overall, the market is benefiting from tighter
spreads and greater liquidity. Usage of SETS continues to grow, as shown by
recent record increases in the number of orders entered, the number of firms
using the order book and order book share of business.
Indices are calculated and managed by FTSE Group, a world-leader in the creation
and management of global equity indices. The FTSE Group is jointly owned by the
London Stock Exchange and the Financial Times, but operates as a wholly
autonomous company.
For information about the company or any FTSE indices, please contact
media@ftse.com
IPO - when a new company joins our market raising money. This excludes
transfers and introductions (a company that joins a market without raising
money).
* Retail Trading Figures
Retail trading figures are available from our website at - http://
www.londonstockexchange.com/trading/retailtrade.asp
Figures are available from November 2002 to date.
LONDON STOCK EXCHANGE
MONTHLY FACTSHEET FIGURES
August 2003
2003 2002
DOMESTIC EQUITY TRADING Month Year to date Month Year to date
Equity Trading Value (#m) 146,237 1,165,527 131,088 1,246,540
Number of Equity Trades 3,478,227 29,592,289 2,994,509 24,095,025
INTERNATIONAL EQUITY TRADING
Equity Trading Value (#m) 123,895 1,110,211 174,820 1,999,538
Number of Equity Trades 648,496 6,814,315 1,111,787 10,154,848
ORDER BOOK TRADING
Order Book Value #m 52,044 456,624 50,014 451,653
Order Book Trades 2,345,084 21,083,341 2,033,818 14,474,475
August 2003 August 2002
DOMESTIC MARKET CAPITALISATION #bn 1,283 1,253
TOTAL NUMBER OF COMPANIES 2,701 2,865
UK list 1,601 1,754
Foreign 393 429
AIM 707 682
of which techMARK 188 224
2003 2002
MONEY RAISED #m Month Year to date Month Year to date
UK & AIM New Issues Equity 22 1,770 29 5,002
Further, Rights and Other 613 3,028 530 9,949
Bonds, Warrants, Fixed Interest 3,495 72,887 1,804 54,142
Int. New Issues Equity - 100 - -
Further, Rights and Other - 4,830 2 1,717
Bonds, Warrants, Fixed Interest 9,523 64,753 2,929 53,506
COMPANIES ADMITTED 15 99 21 166
This information is provided by RNS
The company news service from the London Stock Exchange
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