ASX Limited (AU:ASX) has released an update.
ASX Limited’s October 2024 Monthly Activity Report highlights a dramatic decline in new capital quoted, with a total of $3.1 billion compared to $24.2 billion in the same period last year. This sharp decrease reflects a significant drop in market capitalisation of new listings and a considerable increase in the capitalisation of de-listed entities. The overall financial picture paints a challenging landscape for ASX with a negative net new capital quoted of $3.6 billion for the month.
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