Stocks soar on good news but pandemic looms over ECM

By Sam Kerr
04 Jan 2021

Equity markets opened on a high on the first day of trading in 2021 and there are hopes that positive macro headwinds will provide strong momentum for equity capital markets deals. This is despite the Covid-19 pandemic still causing concern as cases rise and governments introduce tough restrictions to fight it.

UK issuers in particular are expected to start the year in a position of strength. After four years of negotiation, uncertainty and procrastination, the country’s government has finally signed a trade deal with the European Union.

Even though the virus is out of control in many parts ...

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