Invest
IPOs deliver strong returns for investors
Australian initial public offerings have experienced strong performance, with the average return of the 21 companies listed in the second quarter at 33.5 per cent, according to a stock exchange platform.
IPOs deliver strong returns for investors
Australian initial public offerings have experienced strong performance, with the average return of the 21 companies listed in the second quarter at 33.5 per cent, according to a stock exchange platform.
A report from OnMarket BookBuilds revealed the average return from the 34 companies which listed on the ASX by June 2016 was 23.3 per cent, compared to the 6.5 per cent return for IPOs in the same period last year.
“The number of companies floating is also well up on the 27 who floated in the first half of 2015,” the report said.
The strongest performing IPOs over the period were Abundant Produce, up 370 per cent; Graphex Mining, up 160 per cent and ApplyDirect, up 70 per cent.
“Among larger IPOs, software company WiseTech Global had jumped 32.2 per cent by June 30 after listing on April 11 and plumbing manufacturer Reliance Worldwide Corporation was up 23.6 per cent by June 30 following an April 29 listing,” the report said.
OnMarket BookBuilds chief executive Ben Bucknell said the report showed how investors could benefit from having a handful of IPO investments.
“So long as you have a broad exposure, you can maximise the chances of achieving the sorts of returns we’ve seen so far this year,” he said.
Stock market
Emerging market equities gain traction in post-pandemic world
Emerging market equities are making a comeback as technology-savvy consumers flock to capitalise on new opportunities that the 2020 pandemic may have made too attractive to ignore. ...Read more
Stock market
Is it too late to start investing in market index ETFs?
With the Australian market recovering its losses since the pandemic began, nestegg asked an industry expert if it was too late for investors to begin their investing journey. ...Read more
Stock market
Is it time to buy reopening stocks?
Investors are being advised to look into stocks that could benefit from markets reopening, an analyst has stated. ...Read more
Stock market
Stocks to watch in 2021
Easing political uncertainty, new vaccine hopes, central bank’s willingness to do all it takes and more, and new stimulus packages are likely to act as tailwinds for investors, an analyst has said. ...Read more
Stock market
Australia’s October stock picks revealed
Australian retail investors piled predominantly into high-growth industries such as electric vehicles stocks, cloud computing and recent third quarter IPOs during the month of October, new research ha...Read more
Stock market
The US election created a ‘goldilocks scenario’ for financial markets
As the votes continue and the results are collated, the US election is increasingly likely to create a “goldilocks scenario”, an industry expert has said. ...Read more
Stock market
How a Democrats sweep could benefit the Australian market
As Americans go to the polls, a Biden victory could help Australia’s sharemarket, an investment bank has revealed. ...Read more
Stock market
What investors should do before the US election
As the election date draws near, investors are being urged to forget the “fireworks and noise” and focus on the long-term fundamentals when investing in the US. ...Read more
Stock market
Emerging market equities gain traction in post-pandemic world
Emerging market equities are making a comeback as technology-savvy consumers flock to capitalise on new opportunities that the 2020 pandemic may have made too attractive to ignore. ...Read more
Stock market
Is it too late to start investing in market index ETFs?
With the Australian market recovering its losses since the pandemic began, nestegg asked an industry expert if it was too late for investors to begin their investing journey. ...Read more
Stock market
Is it time to buy reopening stocks?
Investors are being advised to look into stocks that could benefit from markets reopening, an analyst has stated. ...Read more
Stock market
Stocks to watch in 2021
Easing political uncertainty, new vaccine hopes, central bank’s willingness to do all it takes and more, and new stimulus packages are likely to act as tailwinds for investors, an analyst has said. ...Read more
Stock market
Australia’s October stock picks revealed
Australian retail investors piled predominantly into high-growth industries such as electric vehicles stocks, cloud computing and recent third quarter IPOs during the month of October, new research ha...Read more
Stock market
The US election created a ‘goldilocks scenario’ for financial markets
As the votes continue and the results are collated, the US election is increasingly likely to create a “goldilocks scenario”, an industry expert has said. ...Read more
Stock market
How a Democrats sweep could benefit the Australian market
As Americans go to the polls, a Biden victory could help Australia’s sharemarket, an investment bank has revealed. ...Read more
Stock market
What investors should do before the US election
As the election date draws near, investors are being urged to forget the “fireworks and noise” and focus on the long-term fundamentals when investing in the US. ...Read more
More articles
Website Notifications
Get notifications in real-time for staying up to date with content that matters to you.
