Fewer firms join stock market

Sunday 04 October 1998 23:02 BST

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THE FLOW of companies joining the stock market has slowed to a trickle, reaching its lowest level for more than a decade, according to a survey by KPMG's corporate finance arm.

Only 12 companies listed on the Stock Exchange in the third quarter of this year, compared to 30 in the second quarter of 1998 and 21 in the same period last year.

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