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Stock impact report

Equity, debt activity down in Q1 [Investment Executive - News]

HSBC Holdings, plc. (HSBC) 
US:NYSE Investor Relations: hsbc.com/investor-relations
Canadian capital markets activity came in a bit weaker in the first quarter, with both debt and equity issuance declining, according to new data from LSEG Data & Analytics. In the equity markets, new issue activity came in at $3.95 billion in the first quarter, which was down 21% on a year-over-year basis. Debt markets held up a bit better, with issuance declining just 6% in the first quarter to $66 billion. Government issuers led the way in the debt markets, with $40.4 billion worth of new issue activity in the first quarter. While this was down from the same period last year, corporate issuance was up by 7% year-over-year to $23.9 billion. The energy & power sector led in that category, with a 12.4% share of new issue activity, followed by the financial sector at 10%. On the equity side, the materials sector dominated the market, accounting for 40.7% of first-quarter issuance. The energy sector was distant second at 12.4%, and financials represented 7.1%. In the underwriter ra Show less Read more
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