Deutsche Brse published the IPO indicator for the 4th quarter of 2010 on Tuesday. At 33.48 points, it remains practically unchanged from the previous two quarters and indicates a more positive scenario for new issues.
Slightly optimistic market participants and rising equity prices continue to be factors that could drive the primary market to recover. However these are offset by impeding factors such as constant volatility and pessimistic issuers.
The IPO indicator, which is published four times a year, is an important measuring instrument for companies seeking capital that aim to go public and that are looking for the right moment to enter the capital market. The indicator is compiled from surveys of market participants and calculations by the Technical University in Munich using Deutsche Brse trading data.
The detailed report and further information can be found via this link.
D.C.