Southeast Asia books $3B across 56 IPOs as Malaysia drives volume
Malaysia led regional listing activity through the first nine months of 2026, while larger markets lagged in volume.
Southeast Asian equity bourses generated $3 billion across 56 initial public offerings during the first nine months of 2026, according to a report published by e27 [1].
Malaysia served as the primary engine for deal activity in the region, capturing 38 listings that gathered $1.62 billion [1]. Singapore accounted for the second-largest capital sum, pulling in $1.28 billion across eight completed offerings [1]. Together, the two exchanges represented nearly the entire capital raised across Southeast Asian markets over the three quarters [1].
Activity proved subdued across neighboring trading hubs. Indonesia secured seven offerings that raised $121.3 million [1]. Meanwhile, Thailand completed three transactions totaling $21.3 million [1].
Regional market watchers highlighted sustained friction in trading turnover following listings. Chan Yew Kiang, Asean IPO leader at EY, observed that "more needs to be done by corporates to improve liquidity and post-IPO performance" [1]. The figures were compiled in capital markets research involving EY and Ernst & Young PLT team member Nghia Trung Nguyen [1].
Questions and answers
How much capital did Southeast Asian IPOs secure during the first nine months of 2026?
Exchanges across the region raised a combined $3 billion across 56 public listings.
Which national market completed the highest number of listings?
Malaysia hosted 38 public debuts, generating $1.62 billion in capital proceeds.
