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

11 November 2015 | General News

Reuters report on Coinsilium

Coinsilium, a London-based investor in the technology that underpins digital currency bitcoin, plans to revive its delayed initial public offering (IPO) by seeking …

Read More
10 January 2013 | General News

How to join ISDX

ISDX – The new UK stock market for small growing companies In October 2012 the former PLUS-quoted stock market operated by PLUS Markets …

Read More
26 October 2018 | General News

Reuters report on Coinsilium

Coinsilium, a London-based investor in the technology that underpins digital currency bitcoin, plans to revive its delayed initial public offering (IPO) by seeking …

Read More