ASX ends 2024 with net loss of 75 listings
The Australian Securities Exchange (ASX) has closed the calendar year as expected with fewer listings than it started with, recording a net loss of 75 companies.
According to the ASX Group’s Monthly Activity Report for December 2024, there were 2,191 companies listed on the exchange at the beginning of 2024 before dropping by three per cent to 2,116 listings at the end of the year.
Just in the month of December, despite nine new entities listing on the exchange there were also 14 delistings. However, this is an improvement upon the figures recorded in December 2023, which saw five new listings and 18 delistings.
Similar results were also recorded in the December 2024 and December 2023 financial-year-to-date data, with December 2024 YTD seeing 39 new listings and 78 delistings compared to December 2023 Financial YTD’s 28 new listings and 92 delistings.
While the net loss of listings across the calendar year has eased from 2023 to 2024, the total new capital quoted for the month of December 2024 was down by 43 per cent ($7.2 billion) compared to December 2023 ($12.6 billion). However, the total quoted market capitalisation of delisted entities had reduced from $2.1 billion in December 2023 to $1.1 billion in December 2024.
Utterly appalling from Cbus. Are the members paying the fines? Royal Commission required. This is a joke. Australia deserves better.
Ban them
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