Tag Archives: equities

twitterIpo

IPOs Bring Most Money Into Fund Since 1999

Despite the havoc the most recent financial crisis has wrecked upon economies and businesses, many have said that the tough conditions would give rise to further innovations and creativity in the entrepreneurial world,and they may have been right. Initial Public Offerings on U.S. markets recorded the best year since the technology boom of 1999 sending big money into a fun that invests in new companies.

Data compiled by Bloomberg has shown that $165 million has poured into the First Trust U.S. IPO Index Fund during the last quarter of 2013, marking the greatest quarterly earnings since it began in 2006. Total annual inflows for the month totalled at $280 million. The Bloomberg IPO index jumped 64 percent last year, the biggest advance in 14 years, as gains in Twitter and Hilton (HLT) Worldwide Holdings Inc., Facebook Inc. (FB) propelled it through the year.

With investors gaining an appetite for equities, U.S. companies were able to sell $56 billion in new shares in the past year, the most since 2007. Regaining their confidence in IPOs, equity investments were the greatest in nearly a decade. Standard and Poor’s 500 Companies gained over $3.7 trillion in market value. With the global economy in recovery mode, IPO demand is anticipated to remain high.

Not a Banc De Binary trader?

Sign In
Nikkei

Japanese Indices Stagger Upon Record Stimulus

The Japanese Nikkei 225 Stock Average risks a precipitous drop of about 20 percent to 12,000 unless the government can convince investors of the success of its economic stimulus plans, according to the leader of Japan equities, Nomura Holdings Inc. (8604).

The Nikkei index increased 2.1 percent to 14,876.41 as the trading day closed in Tokyo today, having fallen 4.8 percent from the 5 1/2-year high it reached on 22nd May. Investors worry that the government’s plan to increase sales tax will cripple momentum as the economy is already kept afloat by an unprecedented stimulus.

Japan’s equities, however, still outperform other developed markets for the year, as the Nikkei 225 and the broader Topix indices rose 40 percent through yesterday. Japanese stocks have attracted $108.5 billion this year from overseas institutional investors.

Not a Banc De Binary trader?

Sign In