Quiet month for AIM new issues but the £100bn level is held and some interesting newcomers
September proved to be a quiet month for new issues on AIM but London’s growth market still managed to end the month with a market value above £100bn. Our latest Blog introduces all the new arrivals including a substantial new property REIT and an unusual App offering. Remember to check our AIMsearch site here for updates on the Inheritance Tax qualifying status of AIM companies.
The FTSE AIM All Share Index fell 0.65% in September 2017 which was very similar to the 0.57% decline of the FTSE All Share. Calendar year to end September 2017 the AIM Index is up 18.9% compared with the FTSE All Share’s 4.56%. Could the main market be making a comeback? At the end of September 2017 there were 959 companies on AIM, with the total market value of London’s growth market £100.2bn. This compares with 963 companies at the end of August 2017 when AIM’s market value was £100.4bn. Ignoring readmissions there were 7 departures and 3 new arrivals.…