A rise in the number of initial public offerings during the second quarter has led to optimistic forecasts for the rest of this year, as a steep increase in US flotations shows the “glass is half full” for companies coming to market.

There were 11 US public offerings in the second quarter of this year totaling $1.5bn (€1.1bn), according to data provider Dealogic. This is the highest quarterly number of deals since the same period in 2008 and compares to just two flotations in the six months to the end of March.