Publication CEPYME500 2017

#BME
Effective volume of CAPITAL INCREASES in the Spanish stock market for companies
outside the IBEX35 index in millions of Euros. 2005 / 2017 (until July).
8,000
8,299
7,620
6,000
4,000
2,000
1,232
2,344
2,700
1,998
2,291 2,416
4,013
1,687
1,169
3,096
4,482
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Jan - Jul
2017
Just in the first quarter of 2017, the channelled flow towards the stock market has achieved
9.448 billion euros (+190.4%) and has placed the BME as the more active European market
in flotation in the first quarter in terms of effective volume, and the second globally in IPO
volume.
GOOD PROSPECTS FOR 2017
Main markets by IPO amount Q1 2017
Ranking Stock exchanges US$b % of global IPOs
1 New York (NYSE) 9.6 28.6
2 Shanghai (SSE) 6.5 19.4
3 Shenzhen (SZSE) and Chinext 4.2 12.5
4 Tokyo, MOTHERS and JASDAQ 1.9 5.6
5 Hong Kong (HKEx) and GEM 1.7 5.0
6 Bolsa de Madrid and MAB 1.6 4.6
7 NASDAQ 1.2 3.4
8 London Main Market and AIM 1.1 3.2
9 Mexican (BMV) 0.9 2.7
10 Bursa Malayia (KLSE) and ACE 0.8 2.3
11 Sao Paulo (BM&F BOVESPA) 0.4 1.3
12 Bombay (BSE) and SME 0.4 1.2
Other stock exchange (28 exchange) 3.5 10.2
Global IPO activity 33.7 100.0
Source: EY Global IPO Trends: Q1 2017. Spain, the most asctive market in Europe in flotation
This figures have to be added the finance channelled through the markets that are alternative
to the stock market, which are aimed for smaller companies. The MARF, Alternative
Fixed-Income Market, incorporated a volume of 2.280 billion euros in new emissions in
2016, 174% more than the previous year. Its alter ego in terms of variable income, the MAB,
generated 877 million euros in total financing through the 39 growing companies as well
as in the 40 Socimis (real estate companies) currently listed.
042 | CEPYME500