A wave of initial public offerings on the London Stock Exchange appeared to have made investors' appetite waning, which prompted stocks of companies who had launched or is in the process of launching an IPO drop to below offer prices.
London Stock Exchange
Merlin Entertainments's successful initial public offering had put the company's valuation at GBP3.5 billion or USD5.6 billion.
Dubai developer DAMAC Properties announced its plans to sell USD500 million worth of shares on the London Stock Exchange.
Major mining operation disruptions this year in the British-Australian mining company Rio Tinto had reduced investor interest in copper on the London Stock Exchange.
According to a VW spokesperon, the trading volume at the London Stock Exchange was too low as against the administrative costs required.
Bluefield started trading on the London Stock Exchange.
Plus500 planned to go public via an IPO to enhance its market presence.
Smiths Group and two of its UK pension schemes came upon an agreement.
On Friday, Al Noor floated in the London Stock Exchange and made its debut at GBP5.75 per share piece.
British bid vehicle Tungsten Corporation will make a second attempt at floating on the London Stock Exchange in the autumn.
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