in Egypt included Integrated Diagnostics Holdings PLC, Edita Food Industries, Orascom Construction Limited and Emar Misr.
The healthcare industry continued to lead IPO
market activity with 31 IPOs
or 41 percent of total volume - the high demand for these smaller biotechnology and biopharmaceutical IPOs
showcases the interest among IPO
investors for high-growth companies.
market is very strong across Mena, particularly among the GCC countries which continue to attract large IPOs
and drive the strong performance in the region.
Earlier this year, Dubai saw its first two IPOs
since 2009, a $175 million offer by Emirates Reit and a $75 million offer by retail and restaurant firm Marka.
While the total number of IPO
firms declined by 67 from the previous year, the number of those posting initial market quotes below their respective IPO
prices increased by nine.
These figures demonstrate that the offering prices of IPOs
since the spring of 2007 have been quite low.
CCH said that "IPO
Vital Signs" analyzes over 200 data elements from every new significant IPO
registered with the SEC for its ongoing database.
The Global IPO
market saw a surge in activity in the last quarter of 2003 and early 2004, and is currently showing signs of a rebound, according to the Ernst & Young Global IPO
conference explored the state of the IPO
market -- practically moribund -- and offered advice to finance officers and other top executives about what to expect and how to go about working with investment bankers, investors and others in the capital markets.
A profitable company already, Optical resembles Ixia, a Calabasas maker of optical network testing equipment that held a successful IPO
Also, they are a growing number of big investment banks who've allied with discount brokers to give their customers an opportunity to buy shares in select IPOs
The best-known pattern associated with IPO
prices is the large run-up in price in the secondary market on the first trading day.