London stock market primed for an upturn, says broker after months of doom mongering By Emily Hawkins Updated: 17:03 EDT, 10 June 2024 e-mail 2 View comments Upbeat: Peel Hunt said it was expecting there to be an ‘increasing number’ of London market debuts by the second half of 2023 The stock market is set for a pick up later this year after months of doom mongering about the exchange. Investment bank Peel Hunt said yesterday it was expecting there to be an ‘increasing number’ of London market debuts by the second half of 2023. The broker added that it had ‘further confidence’ of an even bigger revival in the first half of 2025.
London is battling for blockbuster listings, including Chinese fast fashion giant Shein and Unilever’s ice cream spin-off business. Peel Hunt has a ‘speedometer’, which gives a score to the health of the UK’s flotation market of between zero and 60 miles per hour. RELATED ARTICLES Previous 1 Next Walgreens drops Boots' London listing plan to focus on.
.. Macron election call sparks market mayhem: Pound hits.
.. Raising taxes on banks and the oil firms risks driving more.
.. Taps turned on for water chief's pay despite company blamed.
.. Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account In its latest scoring, the City was upgraded to 27 miles per hour from 24 miles per hour in April.
In a note, the broker explained: ‘What has so far been .