16 April 2019 | General News

UK Stock Markets Update

In March companies listed on the UK stock markets raised a total of £2399m, representing a 46.3% month on month gain.

Global markets continued to rally in March as the central banks, including the US Federal Reserve, were more optimistic about the outcome of US/China trade talks.

In the UK continued uncertainty over Brexit contributed to a volatile pound, but helped to boost the more export-orientated FTSE 100 companies to a 3.29% monthly gain, whilst AIM companies turned in a 0.94% gain in March.

Across business sectors, UK companies delivered gains and the mining and food & beverage sectors performed very well.

Overall, UK economic data over the course of March came in better than had been expected. It appears increasingly likely that the UK will eventually have a ‘soft brexit’ and the Chancellors spring statement, although low key, pointed to borrowing projections significantly lower than expected, despite a cut to economic growth forecasts.

 

Similar Articles

4 September 2019 | General News

IPO funding up 35% year on year for 2019

Holland Bendelow’s  latest UK Stock Market Report shows that in spite of the distraction of Brexit, the UK stock markets have continued to move …

Read More
11 April 2013 | AIM Market

Holland Bendelow launch the first guide to AIM cash shells

Holland Bendelow has launched ‘The essential guide to AIM Cash Shells ’. This whitepaper provides an overview for companies that may be considering …

Read More
20 January 2020 | Company News

New Year Stock Market Report

Commentary We begin 2020 with the UK Stock Markets buoyant, and investors with a much more positive outlook following the Election result, and …

Read More