AIM breaches £100bn in August - we cover all the new arrivals here
Supported by strong share price performance and a substantial new arrival, August 2017 saw AIM’s market value breach £100bn. Our latest Blog here covers all the new arrivals and compares AIM today with the market in 2007, the last time it hit the magical £100bn level. Remember to check our AIMsearch site for updates on the Inheritance Tax qualifying status of AIM companies.
The FTSE AIM All Share Index was up a whopping 2.74% in August 2017 once again materially outperforming the FTSE All Share which managed a modest +0.67% move. Calendar year to end August 2017 the AIM Index was up 19.7% compared with the FTSE All Share’s 5.1%. At the end of August 2017 there were 963 companies on AIM, including 157 International companies, with the total market value of London’s growth market £100.4bn. This compares with 964 companies at the end of July 2017 when AIM’s market value was £96.3bn. Ignoring readmissions there were 7 departures and 6 new arrivals.…