The IPO market has shown some signs of recovery, with around $25bn worth of IPOs offered globally in March and April, compared to the first two months of the year, according to data compiled by Bloomberg. Listings were most buoyant in Asia, where regional exchanges accounted for nearly 80% of new share sales in April, while listings in Europe also picked up. However, concerns about recession deterred US issuers and only $4.1bn has been raised for companies listing on US exchanges this year.