The second quarter of the year witnessed a sizeable improvement in IPO activity, both in volume and value, when compared to a single IPO that raised $57.6 million in Q1 2019.
Overall MENA IPO deal value increased by 222.6 per cent to $2,822.5 million in the second quarter of 2019, up from $874.9 million in the same quarter last year.
In the past, the PSE noticed that the dismal take-up by LSIs of IPO shares may be due to the tediousness of the process and the small amount of maximum investment per individual for each IPO.
CDC's Centralized eIPO System (CES) has become the premium choice of stock market investors as 2283 investors in the Interloop IPO subscribed through this facility.
Central Depository Company's Centralized eIPO System (CES) has become the premium choice of stock market investors as 2283 investors in the Interloop IPO subscribed through CDC's Centralized eIPO System (CES).
Unlike in 2017 where Reits dominated the GCC IPO market, corporate IPOs led primary markets in 2018, contributing 56 per cent to the number of issuances and 62 per cent of capital raised.
This study focuses on the influence of "offer for sale" by existing shareholders in an IPO firm on investors' reaction in the IPO immediate aftermarket.
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