Guernsey has more companies listed on the London Stock Exchange (LSE) than any other non-UK jurisdiction – but arch-rival Jersey has a greater presence by market capitalisation.
According to the latest LSE data, just released, There were 129 Guernsey-domiciled companies trading on the exchange at the end of December, compared to Jersey’s 93. However, in market capitalisation terms, the £115.7bn of the Jersey companies was more than three times the £36.1bn market cap of the Guernsey firms.
In fact, of all of the British dependencies and territories with companies listed in London, Jersey had the biggest presence on the exchange, as measured by market cap, followed by Bermuda (£61.8bn), Guernsey, the Isle of Man (£9.9bn), the British Virgin Islands (£8.1bn), the Cayman Islands (£5.8 bn), and Gibraltar (£1.8bn).
The majority of Guernsey’s companies were on the LSE’s Main Market (74), while Jersey had more companies –51 – listed on AIM. Guernsey had 18 funds listed on the Specialist Fund Market (SFM) to Jersey’s one, the LSE data showed.
The Isle of Man had 54 listings on the LSE; Bermuda had 36, Cayman 42, BVI 43, and Gibraltar, seven. .
UK-based companies represented a little more than half of the LSE’s total number of listed entities, according to the LSE, with some 1,574 listings accounting for more than £2trn in market cap, or just over 50% of the total. Number two in market cap was the US, with £800bn worth of listed businesses.
Russia was a distant third behind the US, with LSE-listed businesses accounting for just £185.8bn.
Japan was fourth, with Spain, Jersey, France, Ireland and Bermuda following, in that order.
To see and download the latest LSE listing, click here.