Number of companies trading on London Stock Exchange drops by 17% in 5 years

Data gathered by Buyshares.co.uk indicates that between January 2015 and May 2020, the number of monthly trading companies on the London Stock Exchange has dropped by 17 percent. The number has been gradually dropping in the last five years.

In January 2015, the number stood at 2,425 and by May this year, the number was 2,005, the lowest ever in the last five years. At the end of January this year, the companies were 2,024.

The London Stock Exchange is among the leading platforms globally, however recent events in the global economy are taking a toll on its operations. According to Buyshares.co.uk research report, the continued drop in the number of companies trading on LSE correlated with the coronavirus crisis. The crisis hit the global stock market hard resulting in a wipe-off in billions in stock values alongside extreme volatility and massive sell-offs. The losses registered on the London Stock Exchange are among the worst historically.

Buyshares.co.uk's research also overviewed the number of daily trades on the London Stock Exchange in the United Kingdom between January 2015 and March 2020. During the period under review, the highest daily trades on LSE was in March 2020 at 2.04 million, a spike of about 158.7 percent compared to January figures.

(WBJ)