In the early years of the 21st century, the Australian Securities Exchange (ASX) was experiencing significant growth. This growth was largely due to the increasing number of companies listed on the exchange and the accompanying increase in trading activity.
However, in 2007, this growth began to slow down. This was due to a number of factors, including increased competition from other exchanges and the global financial crisis.
However, in late 2013, things began to change for the better for the ASX. Firstly, approved listing applications began to increase, indicating that companies were confident in the exchange’s ability to support their growth.
Secondly, trading activity started to increase again, indicating that investors were once again interested in investing in Australian companies. Finally, the ASX announced that it would be revamping its listing process, which would make it easier for companies to get listed on the exchange.
So what has all of this meant for Bingo ASX? In short, it has meant that the exchange is experiencing renewed growth and is looking forward to continued success in future years.
