January 2009 turnover volume and value levels across all Australian Securities Exchange (ASX) markets were lower than the previous corresponding period, January 2008 (pcp), although capital raisings rose significantly.
Throughout the month ASX systems – including trading, clearing and settlement, and company announcements – operated normally.
Cash markets (including equities, interest rates and warrants trades):- Total cash markets trades for January 2009 were 6.7 million, down 18% on the pcp. Average daily trades of 335,713 were down 14% on the pcp.
- Total cash market traded value was $57.5 billion in January 2009, down 57% on the pcp, with a daily average value of $2.9 billion, down 54% on the pcp.
- In January 2009 the average value per trade was $8,557, down 47% on the pcp ($16,148 pcp), and the percentage of value crossed was 23% (23% pcp).
- Equity derivatives volume (excluding SPI 200) for January 2009 was 1.3 million contracts, down 31% on the pcp, with a daily average of 65,390 contracts, down 28% on pcp.
- Total futures and options on futures contracts volume (excluding equity derivatives and CFDs) for January 2009 was 3.1 million, down 56% on the pcp, with a notional value of $1.4 trillion. Average daily contracts volume during January 2009 of 147,877 contracts was down 54% on the pcp.
- A total of 4,870 ASX CFD trades were transacted in January 2009 comprising a volume of 5.1 million contracts. The total notional value of all CFD trades for January was $101.3 million, and the value of CFD open interest at the end of January was $39.0 million.
- In January 2009 there were 3 entities admitted for listing, compared to 16 in the pcp. Total listed entities at 31 January 2009 were 2,2171 compared to 2,215 as at 31 January 2008.
- Total capital raised in January 2009 amounted to $2.2 billion, up 23% on the pcp, comprising $0.1 billion in initial raisings, down 68% on pcp, and $2.1 billion in secondary raisings, up 46% on pcp.
- In January 2009, there were:
- 6,963 company announcements processed, down 23% on pcp;
- 61 price queries issued to listed entities, up 154% on pcp; and
- 52 trading halts granted, down 15% on pcp.
A detailed activity statement for ASX group markets for January 2009 is attached.
ASX’s half-year results for FY09 and interim report including full commentary will be released on 17 February 2009.
1Entities include companies and trusts with quoted equities (including individual entities that trade as stapled securities) and also other entities with debt securities only.
