London hit by biggest stock market exodus since global financial crisis
2 days, 16 hours ago

London hit by biggest stock market exodus since global financial crisis

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Last year was one of the quietest on record for the London Stock Exchange, which saw the largest outflow of companies since the global financial crisis, stark new analysis shows. A total of 88 companies delisted or transferred their primary listing from the primary market in the UK, The London Stock Exchange, which is the highest tally on record since 2009, according to data from auditing giant EY. French TV and film giant Canal+ has launched its shares on the London Stock Exchange This was the largest listing since 2022 and brought the total value of proceeds raised over the year to £3.4 billion – triple the amount raised from 23 companies in 2023. “We also saw the largest outflow of companies from the main market since the global financial crisis as companies sought access to a deeper pool of investors and the prospect of improved liquidity on other exchanges.” “But as we enter 2025, there are reasons for cautious optimism,” Mr McCubbin went on.

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