London Stock Exchange Monthly Market Report For July 2003 - Seasonally Light Trading In July

The number of trades on SETS, the London Stock Exchange's electronic order book, increased to 2.7 million in July 2003, marginally higher than the 2.63 million trades in July 2002. The value traded on SETS during the month was £63.2 billion, down from £73.7 billion in July 2002. The average daily number of trades on SETS was 118,783, up from 114,553 in July 2002.

The total number of equity trades on the Exchange was 4.81 million in July 2003. This represents a 10 per cent decrease on July 2002, during which there was a total of 5.32 million equity trades. The total value of shares traded this July was £314 billion, down from £461 billion last July.

On the primary market, there were 18 new issues during July 2003, five of which were IPOs: one on the Main Market (Yell Group) and four on AIM, raising £1.16 billion between them. This compares with 22 new issues, of which eight were IPOs, in July 2002.

In its first full month of trading, 3.82 million contracts were traded on EDX London. The most traded contract was the OMX Index, which accounted for 2.36 million contracts.

Click here to download this month's supporting statistics in Excel format.