AIM new arrivals and departures May 2023
AIM’s value falls back below £90 billion as some big companies leave London’s growth market and only one small company joins.
The AIM Index fell 5.68% in May, underperforming the UK blue chip index which fell 4.4%. The average daily value of trades on AIM also fell back again to only £224m in the month. This compares to a daily average of £255m in April and £245m in March - when will the buyers return? At the end of May 2023 there were 800 companies on AIM, with the total market value of London's growth market approximately £85 billion. This compares to 805 companies at the end of April, when AIM’s market value was £92 billion. There was only 1 new arrival…