AIM news arrivals February 2023
AIM fell back marginally in February and trading volumes also remained subdued, with one solitary new arrival in the month. It was also disappointing to see AIM lose two nice little companies, one of which was a constituent of one our portfolios.
The AIM Index fell 0.97% in February, underperforming the UK blue chip index which rose 1.3%. Having massively outperformed the blue chip index in 2021, which caught everyone by surprise, AIM now has plenty of catching up to do following a disappointing 2022. At the end of February 2023 there were 810 companies on AIM, with the total market value of London's growth market approximately £96 billion. This compares to 813 companies at the end of January 2023, when AIM’s market value was £97 billion. There was only 1 new arrival on AIM in February, which we cover below, and…