November 2020: Market value of AIM hits all-time high
Despite welcoming only two small newcomers, the market value of AIM hit new highs in November. AIM Inheritance Tax portfolios continue to attract regular flows and large institutional investors are also finding plenty of growth opportunities on AIM, as our monthly update on AIM here highlights.
At the end of November 2020 there were 820 companies on AIM, with the total market value £118billion, the highest month end market value ever registered. This compares to 821 companies at the end of October 2020 when AIM’s market value was £107billion. There were 2 genuine new arrivals in the month and 3 departures. The AIM index as a whole had another very strong month, rising 10.7% which meant it ended November up 9.6% for the year, a considerable achievement following the sharp falls in February as the pandemic impacted stock markets across the world. What is all the…