On 4 January 2019, ASX Limited (ASX: ASX) published its December 2018 activity report. In December 2018, there was a decrease in the total capital by 34% as compared to its previous corresponding period (PCP). ASX was able to generate a revenue of $8.2 billion during the period. In the year 2018, there were around 132 new entities which made its debut on ASX. As a result, the total capital raised during the period was $98.9 billion.
In December, there was an increase in the number of shares which traded on ASX by 26% that its PCP. The average value traded on-market also went up by 21% to $4.9 billion as compared to PCP. The average daily number of shares trading on ASX in the calendar year 2018 was 13% above the average daily shares traded in the calendar year 2017. Also, the market volatility was 0.9% up in December which was 0.6% in November.
If we look towards the futures trading on ASX, the report states that the average daily futures and options volume together increased by 11% on the PCP. Individually, the average daily volume of futures trading was up by 11%, and average daily volume of options trading was up by 67% as compared to PCP. The average daily volume of futures and options increased by 8% in the calendar year 2018 as compared to the calendar year 2017.
In December 2018, the notional value of the OTC interest rate derivative contracts got centrally cleared which is worth $285 billion which was $470 billion in November 2018.
The equity options trading on ASX reports a downfall by 1% in its average daily contracts traded as compared to PCP. On the other hand, index options average daily contracts traded in December increased by 27% as compared to PCP.
The comparative study of the calendar year 2017 and 2018 highlights that the average daily number of single stock options in CY2018 was 17% lower than CY2017. The average daily number of index options in CY2018 has gone up by 18% as compared to CY2017.
December 2018 reports an increase in the number of dominant settlement message by 5% than its PCP.
In the same period, APP Securities Pty Ltd and Sentinel Stockbroking resigned from ASX market as well as ASX24 participants.
ASX limited has its official listing date on ASX as 14 October 1998, where its performance remains consistently positive. However, the past six months performance of the company is -5.87.
The FY2018 which got ended on 30 June 2018, ASX limited reports a net profit of $445.1 million. The company declares an EPS of 230 cents per share. The balance sheet of ASX limited highlights that it would be able to manage its long-term obligation as its net asset base is $3,945.5 million. However, it might face challenges in the working capital requirements and in clearing short-term debt. The total shareholder’s equity is worth $3,945.5 million. The company holds total cash and cash equivalent worth $9,565.3 million.
By the end trading on 4 January 2019, the closing price of the ASX shares was A$60.670 which is 0.430 points below its previous trading day’s closing price with the market capitalization of A$11.83 billion.
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