Chart of the day: Singapore H1 2022 IPO volume highest since 2017
However, funds raised were lower than in the first half of 2019 and 2020.
This chart from the Equity Capital Markets Watch report of PwC shows the volume of initial public offerings in the first half of the year from 2017 to 2022.
The chart shows that IPO volume on the Singapore Exchange (SGX) in H1 2022 was the highest since 2017. However, the funds raised by the listings in H1 2022 (graphed in black) were lower than those raised in 2019 and 2020.
PwC said this was because of higher funds raised by real estate investment trusts (REITs) in the previous years in those periods. In 2022, no new REIT IPO was launched at all.