There are signs of recovery in the global initial public offering market, NYSE Euronext reports.

The exchange hosted 11 IPOs, raising US$2.2 billion through the first half of 2009. Despite the modest deal volume, the exchange says that its IPO activity was highest among the major exchanges in Europe and the U.S. during the period. It also points out that it has been successful in attracting technology sector listings, and that it saw two China-based listings in the first half, suggesting that these segments are reviving.

“The first half of 2009 was not without its challenges for companies considering IPOs, and we’re pleased to see that IPO activity by Chinese companies on the NYSE is once again increasing,” said Ronald Kent, executive vice president and head of international listings of NYSE Euronext. “Moreover, we’ve been impressed by signals of a return to IPO activity in other regions, with companies based in markets from Brazil and Canada to India and Israel considering NYSE Euronext markets.”

Year-to-date, companies listed on the exchange also raised $137.8 billion through secondary offerings (257 deals).