TokyoIPO.com Monthly Report: November IPO Market Summary and Outlook for December.
Publication Date: 11-DEC-07
Publication Title: JCN Newswires
Format: Online

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Tokyo, Japan, Dec 11, 2007 - (JCN Newswire) - TokyoIPO.com Monthly Report: At seven, the number of November IPOs was slightly below average for this month. By market, there were three IPOs on JASDAQ, one on JASDAQ/NEO, one on OSE Hercules, one on the Nagoya 2nd section, and one on Nagoya Centrex.

The opening prices of the seven IPOs were an average of 59% above their respective offering prices. This is higher than the 47.8% average thus far in 2007. But opening prices of the November IPOs were far from consistent. Four of these IPOs started trading below their offering prices. But Ubiquitous, which was listed...

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