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

14 August 2015 | General News

Holland Bendelow Feature on GrowthBusiness.co.uk

Read More
17 January 2018 | General News

Global Keysoft raise a further £3.5m

It’s a pleasure to announce that Global Keysoft have raised a further £3.5m to support their growth. The company has now launched a …

Read More
11 February 2015 | AIM Market

Yorkshire company heading for AIM IPO

Premier Technical Services Group plc will undertake an IPO on AIM later this month. The Group is a leading provider of access and …

Read More