Oreninc Index Avoids 16-Week Low
The Oreninc Index stayed flat, narrowly avoiding a 16-week low for the week ending July 16, 2015. Total dollars announced continued to fall ending at $35.8m, a 16-week low. No brokered deals were announced for the second time in two weeks; no bought deals were announced for the sixth time in eight weeks.
The natural resource market continues to take a beating from all sides. The recent fall in chinese equities has done the industry no favors as metals were sold in order fund margin calls. Additionally, on Friday, gold fell to a five-year low.
At this point, the fundraising markets have pretty well dried up. Hopefully a few companies have raised enough for summer programs and will have exciting results come fall.
Oreninc Index Jumps to Four-Week High
The Oreninc Index jumped to a four-week high for the week ending June 18, 2015. Total dollars announced rose to $99.1m, a two-week high....