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Equity issues on LSE slump 60%, but exchange’s profit holds up after Refinitiv deal

Bottom line holds up in the face of nervy capital markets

Refinitiv merger and other tailwinds are keeping the LSE well-positioned, say experts
Refinitiv merger and other tailwinds are keeping the LSE well-positioned, say experts Photo: Jose Sarmento Matos/Getty Images

Capital markets activity slumped at the London Stock Exchange again in the third quarter, but the exchange still reported a 5% profit increase.

New capital issues for the third quarter of 2022 slipped from 45 to 18, a fall of 60% on the same quarter last year, according to results published by the exchange on 21 October.

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