Reported about 22 hours ago
The UK stock market's IPO activity has drastically declined, raising only $1 billion this year, which represents a 9% drop and drops the UK to 20th in global rankings. This decline is attributed to low valuations, cautious local investors, and increased competition from emerging markets like Oman and Malaysia. With many companies opting to list elsewhere for better valuations and opportunities, the UK'scapital market faces significant challenges, prompting a call for further reforms to revitalize its long-standing bourse.
Source: YAHOO