Singapore's equity capital market proceeds crashed 30.1% to $6.73b YTD

Submitted By:  Arianna Danganan Case Study:  No IPO proceeds plunged 83.9%. Singaporean companies tapping into the equity capital markets (ECM) raised $6.73 (US$4.89b) YTD which is 30.1% lower compared to the annual period in 2017 of $9.61b (US$7b), according to data from Refinitv, Thomson Reuters’ financial and risk business arm. In Q4, Singapore ECM activity declined 15.4% QoQ from $1.21b (US$881.2m) in Q3 to $1.02b (US$745.5m). In YoY terms, proceeds plummeted 79.1% from the strong $3.16b (US$2.3b) seen in Q4 2017. read more