Press release
Nasdaq continued to lead the way in European SME listings and trading in 2022
- Nasdaq Stockholm most successful listings venue, Nasdaq First North remains the leading SME exchange in Europe in 2022 STOCKHOLM, Sweden, Jan. 09, 2023
About this update from Nasdaq, Inc.
[{"type":"text","content":"- Nasdaq Stockholm most successful listings venue, Nasdaq First North remains the leading SME exchange in Europe in 2022 STOCKHOLM, Sweden, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today presented its yearly statistics for Nasdaq's European markets. Despite a highly turbulent macro environment fueled by several unforseen external events in 2022, the Nordic and Baltic regions maintained the leadership position in several key areas, including SME listings. With 41 listings, Nasdaq Stockholm also remained the most successful listings venue in Europe in 2022. Maintaining Nasdaq's Position as a Leading European Listings HubDespite lower numbers in both capital raised and number of listings relative to the extraordinary 2021, Nasdaq remains a leading European exchange group in terms of number of new listings on its markets. In total, the Nasdaq equity markets in Sweden, Denmark, Finland, Iceland and the Baltic countries welcomed 74 new listings, including 38 initial public offerings (IPOs), raising a total of EUR 762 million in risk capital. With 48 new companies welcomed in 2022, Nasdaq First North (Nasdaq's growth market in Europe) remains the premier SME market in Europe. “Despite an extraordinary and in many ways challenging 2022, with war in Europe, turbulent energy markets and rising inflation, Nasdaq has been able to maintain its position as a leading listings venue in Europe Nasdaq's European markets remain an attractive source of capital, and we continue to be the public market-of-choice for companies and investors alike across Northern Europe,” said Adam Kostyál, Head of European Listings at Nasdaq. The biggest IPOs in terms of raised capital was Engcon AB (EUR 170 million), and the biggest listing per market cap was the dual-listing of Finnish Sampo Group on Nasdaq Stockholm (EUR 25.7 billion). Another key milestone was the switch of Embracer (market cap: EUR 5.7 billion) from First North to the Main Market. “Throughout an extremely turbulent market environment, our team has worked tirelessly to keep driving our technology leadership, marketplace excellence and strong commitment to sustainability in order to create a world class capital market offering for both companies and investors in times of uncertainty,” said Bjørn Sibbern, President, European Markets at Nasdaq. “In 2023 we will continue to work togethe...