Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

The Spanish Stock Exchange Is The World’s Second Biggest In Terms Of Financing Provided To Companies In 2007

Date 26/02/2008

New investment flows channelled through the Spanish stock exchange in 2007 reached $ 119.73bn, only behind NYSE in the world ranking, according to data from the World Federation of Exchanges (WFE).

New investment flows channelled through the market include capital raising transactions and new flotations on the market. In 2007 there were ten IPOs on the Spanish stock exchange and the volume of capital raising operations exceeded €59.15bn, the second biggest volume recorded in the last decade, after that posted in 2000.

In Europe the Spanish stock exchange was the second biggest in terms of IPOs, having recorded € 10.08bn in 2007, only behind the London Stock Exchange, according to the IPO Watch 2007 report by PriceWaterHouseCoopers, which was published recently. The Spanish stock market channelled the second and third biggest IPOs in Europe in 2007: Iberdrola Renovables, which raised € 4.07bn and Criteria Caixa Corp, with € 3.45bn.

NEW INVESTMENT FUNDS CHANNELLED THROUGH THE STOCK MARKETS IN 2007

STOCK EXCHANGES   Bn $  
NYSE 136.98  
BME   119.73  
Shanghai Stock Exchange   88.04  
London Stock Exchange   82.42  
Hong Kong Exchanges   70.17  
Australian Stock Exch. 69.76  
Toronto Stock Exchange   55.90  
BOVESPA   42.78  
N. Stock Exchange India   33.71  
JSE 17.69  
Nasdaq   16.19  

Source: World Federation of Exchanges (WFE)