CEE Equity

European equity capital markets continued to reel from volatility across the Atlantic on Friday. A sell-off in tech stocks is making the block trade market difficult and a popular IPO suffered on its first day of trading.

CTP Logistics, a commercial real-estate developer based in the Czech Republic, has launched an IPO on the Amsterdam stock exchange.

Fix Price, the discount Russian retailer, priced its London and Moscow IPO on Thursday after managing to secure some of the world’s highest quality investors as cornerstones at the beginning of the week.

Fix Price, the Russian discount retailer, has confirmed its intention to float in London and Moscow, paving the way for a $1bn-plus IPO.

Fix Price, the Russian owner of discount variety stores, filed initial paperwork for listings in London and Moscow on Monday. The company gives investors a very different sort of offering than recent European tech listings but is still providing buyers with huge growth metrics.

Ever rising stock prices, despite the ravages of the Covid-19 pandemic and a looming global recession, have prompted fears that equity markets are becoming frothy or even a bubble. In such an environment, many investors begin to turn to safer assets and Vladislav Barshinov, CEO of Russia’s GV Gold, is hoping that investors will look to gold as his company considers the possibility of an IPO in 2021.

Polish social and mobile gaming company Huuuge will price its Warsaw IPO at Z50, the top of the initial range, valuing the business at Z4.6bn ($1.2bn), according to sources close to the transaction.

The IPO of InPost, the Polish provider of postal lockers, soared on its first day of trading on Euronext Amsterdam.

Huuuge, the Polish social and mobile gambling company, has set a price range for its listing on the Warsaw stock exchange valuing it at up to $1.2bn.

The IPO of InPost, the Polish provider of postal lockers, is due to be priced at €16, the top of the initial range, valuing the company at €8bn when it begins trading on the Amsterdam Stock Exchange later this week.

Two Russian gold miners are among a number of Russian companies looking at listing possibilities in 2021 capitalising on a strong 2020 for the precious metal.

InPost, the Polish provider of postal lockers, has set a price range for its IPO on the Amsterdam stock exchange, valuing it at €8bn at the top.