Markets live: ASX to rise after mixed results on Wall Street, SpaceX shares wipe more than $1 trillion
The Australian Securities Exchange (ASX) reported its strongest year for new listings since 2022, with 100 new entities joining the market. This growth represents a 45% increase in listings and a significant rise in capital raised compared to the previous fiscal year.
Why it matters
A robust IPO market indicates investor confidence and provides essential liquidity for companies to expand, signaling economic resilience in Australia.
ASX delivers strongest listings result in five years A By Adelaide Miller
The article reports financial data and quotes from exchange officials without political or ideological framing.
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