Typically, the number of listed companies as well as the stock market indexes soared after trading had been initiated and later remained at a high level.

Frequent and successful IPOs were typical for these markets, i.e. companies were actively using this channel as an important source of financing.

Typically, the number of listed companies as well as the stock market indexes plunged after trading had been initiated.

The stock markets were mostly used as a place where the public was able to sell off the shares which they did not want to own.