Share

Stock exchanges: Facebook effect on global IPOs in the second quarter, collapse in Europe

According to the latest Global IPO Update by Ernst&Young, the global calculation of IPOs in the second quarter of 2012 grows by 141%, in terms of capital, compared to the beginning of the year – Facebook's 16 billion listing weighs on the balance sheet – IPOs in Europe they drop by 68%, to 915 million.

Stock exchanges: Facebook effect on global IPOs in the second quarter, collapse in Europe

Facebook, as expected, causes relapse the effect of its initial public offering on the global 2012 QXNUMX IPO computation. Indeed, according to the latest Global Ipo Update by Ernst&Young, compared to the beginning of the year, in the quarter between April and June, there was a 5% increase in the number of listings with 206 offers and a 141% growth in raised capital, at 41,8 billion dollars.

Therefore, the weight on the balance sheet of the 16 billion super quotation of Facebook is evident. As regards capital, growth, net of Zuckerberg's company, was 49%. Compared to the same period of 2011, however, IPOs have dropped by 46% and capital by 36%.

On the other hand, in addition to North America, Asian markets (+87% to 14,5 billion dollars) are supporting the increase over the first quarter, which represent around 35% of the total funds raised in the listing phase, while Europe slows down sharply, falling by 68%, to 915 million deployed in 46 IPOs, among which the 230 million dollar placement of Brunello Cucinelli in Piazza Affari stands out.

comments