Click for Singapore, Singapore Forecast
Hanoi
Click for Hanoi, Viet Nam Forecast
Click for Bangkok, Thailand Forecast
Click for Kuala Lumpur, Malaysia Forecast
Click for Jakarta, Indonesia Forecast
Click for Manila, Philippines Forecast
Click for Tokyo, Japan Forecast
Click for Korea, Forecast
Click for Hong Kong Forecast
Click for Taipei, Taiwan Forecast
Click for Beijing, Beijing Forecast


<div style="background-color: none transparent;"><a href="http://www.ikiloop.com/" title="shop">ikiloop</a></div> <p>

IPO market quieter this year

04-May-2012 Intellasia | Straits Times | 7:05 AM

Singapore’s initial public offering (IPO) market this year has so far been modest in scale, but investors in these new listings have good reason to smile.

Only five firms have listed to date this year, raising a fairly underwhelming $414 million between them – a far cry from the eight IPOs worth about $8 billion at the same point last year.

But the good news is that all five companies are still trading above water. At Wednesday’s market close, the five listings were between 10 per cent and 60 per cent above their IPO price.

‘IPOs are usually very sentiment- driven. For those that listed last month, they chose the right time to list,’ said remisier Desmond Leong.

http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_794931.html

 


Category: Singapore

Comments are closed.