UK Stock Market’s IPO Ranking Now Trails Oman and Malaysia

Things are going from bad to worse for London’s IPO market, where less money has been raised this year than on some tiny frontier venues.

Fundraising from London initial public offerings has declined about 9% this year to $1 billion, pushing the UK four spots lower to 20th place in a ranking of global IPO venues, according to data compiled by Bloomberg through the end of November.