SETSmm performed particularly well with the average daily number of trades up 128 per cent on December 2004 to 36,268, and the average daily value traded up 91 per cent to £315.5 million. There were 725,350 order book trades on SETSmm during the month, with a total value traded of £6.3 billion.
ETFs rounded off a year of strong growth with the average daily number of trades during December up 108 per cent on the same month last year. The average daily value traded increased by 132 per cent to £47.8 million, reflecting a substantial increase in the number of ETFs available on the Exchange during the last three months of 2005.
The primary market continued to be active in December with 13 IPOs on the Main Market during the month, raising £1.8 billion between them. This included two IPOs from international companies, Telecom Egypt and Novolipetsk Steel. There were 48 IPOs on AIM in December, raising £1.8 billion between them – the largest amount of money raised on AIM in a single month, and the second highest number of IPOs in a single month.
2005 was the strongest year for IPOs on the London Stock Exchange since 2000, with a total of 421 IPOs during the course of the year. Of these, 84 were on the Main Market, raising £10.5 billion between them, 335 were on AIM, raising £5.6 billion between them and two were Global Depositary Receipts issued on the Professional Securities Market for wholesale securities.
There were 20 business days in December 2005, one fewer than in 2004.
