LONDON — Funds raised by companies debuting on the Paris stock exchange fell by 92% in the first half of the year compared to the same period last year, according to new research, underperforming other exchanges in the region. The report shows that funds raised on the Euronext Paris declined to 32.8 million euros from 402.6 million euros over the first six months of the year. Companies listed on the London Stock Exchange raised £586.2 million ($751.7 million) through initial public offerings over the first six months of the year, flat on the same period in 2022. However, there were still signs of a more subdued investment environment, with funds raised through "further issues" — additional share offerings to raise more cash — down 36% to £3.65 billion. The number of companies listing across the main and smaller alternative investment (AIM) markets in London fell to 17 from 29.

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Persons: Rob Crowley Organizations: Research, KPMG UK, CNBC, Euronext, London Stock Exchange, Nasdaq Nordic, German Deutsche, IONOS, LSE, UK Capital, KPMG Locations: Paris, Europe, Euronext Paris, London, Euronext Amsterdam, Milan, German