Despite a difficult market setting in 2022, Nasdaq is the main change in new listings within the European Union, welcoming greater than six dozen new listings, bringing the full variety of firms on Nasdaq’s European markets to 1,251. Including to Nasdaq’s European Markets itemizing success have been key initiatives targeted on retail investor training and sustainability milestones exemplifying our continued dedication to increasing market entry and advancing financial progress for all.
Final yr, Nasdaq welcomed 74 new fairness listings to its European markets, representing an aggregated market capitalization of EUR 55 billion at itemizing. This included 38 preliminary public choices (IPOs), elevating a complete of EUR 762 million.
The biggest IPO by capital raised was Engcon AB (EUR 170 million), whereas the biggest itemizing per market cap was the dual-listing of Finnish Sampo Group on Nasdaq Stockholm (EUR 25.7 billion).
“Regardless of a unprecedented and in some ways difficult 2022, with conflict in Europe, turbulent vitality markets and rising inflation, Nasdaq´s European markets stay a horny supply of capital,” stated Adam Kostyál, Head of European Listings at Nasdaq. “We proceed to be the general public market-of-choice for firms and buyers alike throughout Northern Europe.”
Nasdaq’s First North Growth Market adopted the Fundamental Market as a number one market in 2022, including 48 new small- and medium-sized enterprises (SME) to the market. Nasdaq First North has been the main market for SMEs within the European Union since 2015, discovering continued success serving to SMEs develop to compete on the primary market.
Simply forward of the brand new yr, Nasdaq First North celebrated its largest switch ever to the primary market. Embracer, a worldwide group of entrepreneurial companies within the gaming and leisure business, switched from First North to the Fundamental Market with a market cap of EUR 5.7 billion, rising its share value by 1,373%.
Along with sustaining our listings management in Europe, Nasdaq additionally celebrated the launch of our European Retail Engagement Program, an essential initiative aimed toward bettering entry to the capital markets for retail and personal buyers. With the purpose to equip retail buyers of all backgrounds and ages with adequate information and expertise to handle their cash successfully, Nasdaq engaged a choose group of third-party partnerships organizations that educate non-public buyers on financial savings, buying and selling and investments. This contains our launch of the Nasdaq Derivatives Academy in Might of 2022, which has now reached over 2,000 buyers.
“Our group has labored tirelessly to maintain driving our know-how management, market excellence and powerful dedication to sustainability in an effort to create a world class capital market providing for each firms and buyers,” stated Bjørn Sibbern, President of European Markets at Nasdaq.
As Nasdaq continued its dedication to bettering monetary literacy, sustainability was additionally high of thoughts for its issuers, with important development in our Nordic Sustainable Debt Markets and the carbon elimination platform Puro.earth, of which Nasdaq owns a majority stake.
On Puro.earth, buying and selling volumes for CO2 elimination certificates (CORCs) elevated by 250%, and the buying and selling worth elevated by 350% in comparison with 2021. In the meantime, new listings on the Nordic Sustainable Debt Markets grew by 11%, and the full quantity of bonds listed on the Nordic and Baltic Sustainable Debt Markets grew by 21% to EUR 47.5 billion.
Going into 2023, Nasdaq plans to proceed serving shopper wants, increasing market entry and selling inclusive development whereas keeping track of market situations.
“We hope that 2023 will carry extra stability to our markets, however we are going to nonetheless proceed to work along with our shoppers in an effort to construct and additional evolve a few of the best- performing markets on this planet,” stated Sibbern.