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ASX Says Total New Capital Quoted Falls 48% in May

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ASX (ASX:ASX) said that total new capital quoted in May was AU$3.51 billion, plunging 48% from AU$6.81 billion a year ago, according to a Thursday Australian bourse filing.

The total quoted market capitalization of entities de-listed was AU$5.49 billion, compared with AU$7.71 billion a year ago.

The average daily number of trades of 2.8 million in May was up 37% from 2.1 million in the prior year, per the filing. The average daily value traded on-market of AU$7.49 billion was up 15% from AU$6.51 billion in the year-ago period.

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