IPO volume in SE Asia rose 16% in H1 2023 led by Indonesia: Deloitte report

IPO volume in SE Asia rose 16% in H1 2023 led by Indonesia: Deloitte report

FILE PHOTO: A worker wearing a protective mask cleans the floor near an electronic board displaying the stock market index at the Indonesia Stock Exchange (IDX), as the outbreak of the coronavirus disease (COVID-19) continues, in Jakarta, Indonesia, September 8, 2020. REUTERS/Willy Kurniawan

Companies in Southeast Asia raised more than $3.3 billion from initial public offerings (IPOs) in the first half of this year, the highest since 2019 for an H1 IPO raise. The volume of primary listings in the region also hit a five-year H1 high of 85.

Edited by: Pramod Mathew