Stockholm, Sweden - Thursday, October 19, 2017 -- Nasdaq (Nasdaq: NDAQ) today announced that the number of listed companies on its Stockholm Main Market reached an all-time high - 319 - as online gaming operator Cherry entered the mid cap segment on Wednesday, October 18. The previous record of listed companies was 318 and was achieved on June 28, 2001.
"This is a fantastic milestone and another example of the current strength of the Nordic equity markets," said Lauri Rosendahl, President of Nasdaq Stockholm and Nasdaq Nordic. "Research shows that job creation and revenue growth increases greatly after an IPO. We are excited to have such a strong, regional ecosystem of financial advisors and both domestic and international professional and retail investors, actively supporting companies as they enter the public market to drive further growth."
In addition, Nasdaq First North - Nasdaq's European growth market for small and medium sized enterprises (SMEs) - celebrated an additional milestone as it welcomed its 300th listed company when Global Gaming listed in Stockholm on Thursday, October 19. Nasdaq First North launched in 2006 and has seen a strong inflow of new listings in recent years, welcoming 183 new listings (capital raised: 1.9 billion EUR) since January 1, 2015.
"Nasdaq First North maintains its position as the leading growth platform for European SMEs," said Adam Kostyál, SVP and Head of European Listings, Nasdaq. "The current momentum in the Nordics, combined with uncertainties in other regions, has created additional interest from international issuers and advisors, and I am excited to note that our current pipeline includes more than 10 percent non-Nordic companies."
About Nasdaq First North
Nasdaq First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (Nasdaq First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $12 trillion. To learn more, visit: http://business.nasdaq.com
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.
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