SE Asia defies global IPO slump as bourses see rise in deals, value: EY

SE Asia defies global IPO slump as bourses see rise in deals, value: EY

A Singapore Exchange logo sits outside their head office in Singapore April 22, 2015. REUTERS/Edgar Su/Files

Southeast Asia’s bourses saw a four-per cent rise in IPO deal volume and 11 per cent growth in value this year from a year earlier, bucking a global downtrend caused by geopolitical uncertainty and trade tensions, according to the latest data from consultancy firm EY.