AIM closes 2020 at all-time year end high
London’s AIM market had a remarkable 2020, ending the year with its market value at an all-time high, with the AIM index also significantly outperforming other UK main market indices. Our monthly update here covers all the newcomers from December and comments on an eventful year for London’s growth market which had a record 24 companies valued at more than £1billion each at the year end.
At the end of December 2020 there were 819 companies on AIM, with the total market value £131 billion, a record year end high. This compares to 820 companies at the end of November 2020 when AIM’s market value was £118 billion. There were 5 genuine new arrivals in the month, including a mover from the Main Market, and 6 departures. The AIM index as a whole had another very strong month, rising 10.1% in December which meant it ended 2020 up 20% for the year as a whole, an amazing achievement in the circumstances. AIM once again significantly outperformed…