Market Update: AIM Shares

THE WEEK: The AIM market has suffered losses of late, but there are still positive growth opportunities for investors in domestic stocks, says Rodney Hobson

Rodney Hobson 30 May, 2014 | 10:21AM
Facebook Twitter LinkedIn

While I remain confident that the London stock market will move higher, it is always sensible to keep both feet on the ground. Like many commentators, I did not expect the market to fall so heavily and for so long at the turn of the millennium and I resolved not to let wishful thinking blind me again.

It was one of the delegates at the London Investor Show last Friday who brought my attention to present day reality. He pointed out that there had been heavy falls on the AIM market and did I know why. Quite frankly I had not realised that the falls had been quite so severe and the fact that I do not have any AIM stocks in my portfolio and rarely write about the junior market is no excuse for ignorance, so I took a look.

The UK AIM 50, covering the 50 largest UK-based AIM listed stocks, shot up from around 3,600 points a year ago to reach 4,900 points in March. This month it has been as low as 4,100. The AIM 100, covering the 100 largest AIM shares irrespective of country of origin, shows a similar pattern, rising from 3,200 points to 4,100 before falling to 3,500.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Card Factory PLC57.50 GBX0.00
Pets at Home Group PLC504.50 GBX1.10
Royal Mail PLC485.00 GBX-1.06
Saga PLC342.60 GBX-1.95

About Author

Rodney Hobson

Rodney Hobson  is a columnist for and author of several investing books, including The Dividend Investor and How to Build a Share Portfolio.

© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies       Modern Slavery Statement