Although the third quarter’s IPO activity has contended with heightened market volatility, the Americas and Europe, Middle East, India and Asia (EMEIA) demonstrated resilience in the first three quarters of 2024, with EMEIA's IPO proceeds up by 45% compared to the same period last year, helping to mitigate the global market's overall downturn.
A report by consulting firm Ernst & Young (EY) has found that the global initial public offering (IPO) market in the third quarter of 2024 has modestly outpaced the previous two quarters, despite a dip in y-o-y volumes by 14% to 310 IPOs and proceeds by 35% to US$24.9 billion ($32.2 billion).
This has emerged amid a global economic slowdown, market volatility, geopolitical shifts and monetary easing.
