Aim needs UK companies to aid recovery

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Aim needs UK companies to aid recovery

first_img Aim needs UK companies to aid recovery by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com whatsapp KCS-content Sunday 17 October 2010 10:59 pm center_img Share THE ALTERNATIVE Investment Market (Aim) is showing signs of a revival, but the junior market needs to attract more UK-based firms to support this return to growth, according to research out today. The market has raised £2.8bn in the first eight months of 2010, said business advisory firm PricewaterhouseCoopers (PwC) in a report released today, though the number of firms incorporated in the UK is now below 1,000 for the first time since 2004. Fewer than 100 companies have joined the market so far this year, down from a peak of 500 in 2005. However, PwC claimed these drops are signs of a new vigilance in the market, which has prevented unsuitable companies from listing. “The big test of this prudent resolve and with it Aim’s credibility will come when growth begins to accelerate again,’ said Simon O’Brien, a partner at PwC. Around one in six newly-listed business are from overseas, compared to around a third before the downturn. “[What] is clear is that Aim can no longer rely on an international presence to drive it forward and will therefore need to renew its domestic focus,” said David Snell, Aim market leader at PwC. Aim, which has raised £70bn in the fifteen years since it began, has outperformed the FTSE index this year, in part due to a return from a starker drop during the recession. Aim All-Share has gained 22 per cent in the year to 30 September, compared to a 11 per cent rise in the FTSE All-Share. Trades in the year to September were worth £21.68bn, according to figures from by the London Stock Exchange, suggesting trading value is on course to match 2009’s level of £33bn. However, trading volumes are set to fall below 2009’s record high, when 205.7bn shares changed hands. PwC also claimed that Aim’s low liquidity still means investors are more likely to gain through a takeover than share price movements. IN THE 12 MONTHS TO 30 SEPTEMBER 2010: |AIM 100 rose by 21%AIM All Share rose by 22%FTSE Small Cap rose by 4%FTSE All Share rose by 11% Show Comments ▼ whatsapp Tags: NULLlast_img read more

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