Dow Jones Index Crosses 18,000 Mark
Snapchat is expected to lead the way of tech flotations in the coming years. (Source: Getty)

Global float activity is expected to rise by just over 25 per cent in 2017, before surging onwards in the following years.

This year will see floats reach $167bn (£138bn), according to experts at law firm Baker McKenzie, up from $133bn in 2016.

Further floats are expected to see activity dramatically uptick, reaching $275bn in 2018 and 2019.

“Improved market sentiment and a number of countries looking to list state-owned companies to raise money, particularly in the CEE (Central and Eastern Europe), CIS (Commonwealth of Independent States), Middle East and…