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FTSE Mondo Visione Exchanges Index:

London Stock Exchange Monthly Market Report March 2007 - SETS Trades Top 500,000 Per Day During March, Increase Of 76 Per Cent On Last March

Date 10/04/2007

The average daily number of trades on SETS, the London Stock Exchange’s electronic order book, exceeded half a million for the first time during March 2007, reaching 508,425. This was an increase of 76 per cent on March last year and reflects the fact that fourteen of the twenty busiest trading days recorded on SETS took place during the month.

The average daily value traded on SETS during the month also grew strongly, up 44 per cent on the same month last year to £8.8 billion. The total value traded on SETS during the month was £193.5 billion, with a total 11.2 million trades.

It was also a record month on SETSmm. The number of trades on SETSmm more than doubled compared with March last year, up 115 per cent to 2.8 million. The total value traded grew 93 per cent to £20.4 billion.

Trading on the IOB also set new records for both the number of trades and the value traded. The number of trades was up 70 per cent on March last year to 91,273, and value traded during the month grew 58 per cent to £7.8 billion.

The average daily number of UK equity trades was 560,005, up 61 per cent on last year. Meanwhile, the average daily value traded in UK equity grew 24 per cent to £17.6 billion.

ETF trading was also extremely strong. The average daily value traded in ETFs was, at £131.1 million, over double the figure for March last year. The average daily number of trades also reached record levels, increasing 60 per cent to 1,869 trades.

There were 11 IPOs on the Main Market during March, which raised £3.6 billion between them. This included two IPOs from international companies, raising £1.3 billion. AIM attracted 16 IPOs during the month raising a total of £362.2 million between them.

RNS had a record month during March, disseminating a total of 20,058 company announcements. This was an increase of 21 per cent on March last year and represented 76 per cent of all announcements made in the UK market. Of these, 6,012 were news and results announcements.

There were 22 trading days during March, one fewer than during March 2006.

MARCH 2007

 

  

 

2007

 

2006

DOMESTIC EQUITY TRADING

Month

Year to date

 

Month

Year to date

Equity Trading Value (£m)

 

            387,693

         1,030,716

 

            327,432

            860,350

Number of Equity Trades

 

       12,320,099

       31,452,924

 

         7,981,848

       20,966,189

 

 

 

 

 

 

 

INTERNATIONAL EQUITY TRADING

 

 

 

 

 

Equity Trading Value (£m)

               456,219

         1,208,502

 

            341,378

            939,042

Number of Equity Trades

         3,482,925

         8,829,444

 

         1,982,032

         5,775,385

 

 

ORDER BOOK TRADING

 

 

 

 

 

Order Book Value (£m)

            193,540

            499,190

 

            140,995

            375,134

Order Book Trades

       11,185,345

       28,194,193

 

         6,655,727

       17,406,209

 

 

 

 

March 2007

 

March 2006

DOMESTIC MARKET CAPITALISATION (£bn)

 

                 2,064

 

 

                 1,947

 

 

 

 

 

 

TOTAL NUMBER OF COMPANIES

 

3,245

 

3,141

Main Market UK

 

                 1,262

 

                 1,336

Main Market International

 

                    319

 

                    324

of which techMARK

 

                    130

 

                    145

AIM

 

                 1,637

 

                 1,473

Professional Securities Market (Equity only)

 

                      27

 

                         8

 

 

 

 

2007

 

2006

MONEY RAISED (£m)

 

Month

Year to date

 

Month

Year to date

 

 

 

 

 

 

 

 

 

Equity Money Raised:

 

 

 

 

 

 

 

  New issues: Main Market UK

 

            2,331

                 2,331

 

                    589

                 1,122

 

  New issues: Main Market International

 

                 1,260

                 2,389

 

                    250

                 2,400

 

  New issues:  AIM

 

                    408

                 1,124

 

                 1,649

                 2,052

 

  Further issues: Main Market UK

 

                 1,117

                 2,322

 

                    549

                 1,042

 

  Further issues: Main Market International

 

                        -  

                    456

 

                      39

                    329

 

  Further issues: AIM

 

                    976

                 1,690

 

                    369

                 1,178

 

  PSM (new & further, UK & International)

 

                        -  

                        -  

 

                    424

                    527

 

 

 

 

 

 

 

 

 

COMPANIES ADMITTED

 

33

73

 

75

148

 

Debt Money Raised (£m)

 

 

 

 

 

 

 

  Main Market UK

 

               22,491

               40,120

 

               16,520

               36,487

 

  Main Market International

 

               30,284

               76,957

 

               20,864

               45,640

 

  PSM (  PSM (UK & International)

 

                 2,835

                 4,428

 

                 2,592

                 5,981