AIM’s pandemic progress
This week marked two years since the first waves of the pandemic sent the UK stock market into free-fall. Two years on and stock markets have once again been hit by another crisis. But how has AIM, London’s junior market fared?
A report from Wealth Club, the investment platform focused on tax-efficient investing, has drawn attention to the progress of AIM over the pandemic. As another crisis batters stock markets, it’s worth remembering how things unfolded two years ago and progress since. By the 23 March 2020 the FTSE 100 had fallen 32%, while the AIM index was hit even harder, falling around 36%. Since those dark days, recovery has been strong despite recent disruption from inflationary pressures, rising interest rates and the war in Ukraine – the FTSE 100 is still around 5% below where it started 2020, but AIM…