Ukraine fears building: Markets hold their breath after Monday wiped off £43bn of London shares February 15, 2022 Billions were wiped off the stock exchange in London yesterday after global markets were thrown into turmoil in the second Monday collapse in less than a month. Nearly £58bn had been removed from the value of London’s top 350 companies just a couple of hours after markets opened on Monday. However, the companies clawed back [...]
Evraz shares sink with demerger plans and growing Ukraine tensions February 14, 2022 Evraz's shares have sunk on the London Stock Exchange, dropping 29 per cent on the FTSE 100 amid growing tensions between Russia and the West over Ukraine.
Valentine’s Day: The stocks and companies that have stolen City fund managers’ hearts February 14, 2022 As it is Valentine’s Day, City A.M. checked in with several City-based fund managers to reflect on the investments that have stolen their hearts in recent times. For Ken Wotton, co-manager of the LF Gresham House UK Multi Cap Income Fund, Smart Metering Systems (SMS) stands out. The company installs and operates smart meters and [...]
HydrogenOne backs fuel cell specialists with £10m investment February 14, 2022 HydrogenOne Capital Growth has invested £10m for a minority stake in fuel cell innovation company Bramble Energy.
UK tech IPOs raise record £6.6bn last year doubling 2020 figures January 31, 2022 UK tech IPOs raise record £6.6bn last year doubling 2020 figures
AIM’s market cap hits £150bn amid IPO boom January 24, 2022 London's Alternatives Investment Marketplace (AIM) grew by 33 companies in 2021, its biggest increase since 2007.
New year, new record: S&P 500 hitting new high on first day of 2022 is sign investors remain bullish about stocks January 4, 2022 The new year start off with a bang for global markets as Wall Street recorded record highs for the S&P 500 and the Dow Jones Industrial Average. The S&P 500 rose 0.6% and the Dow finished 0.7% higher. Both indexes eclipsed the record highs they set last Wednesday. The Nasdaq composite rose 1.2%. Technology stocks [...]
City winners: This year’s most popular funds and shares, which include BP, Rolls Royce, Tesla and Argo Blockchain December 29, 2021 DIY fund buyers didn’t get the memo that value investing is back in fashion, instead largely plumping for growth strategies over the course of 2021. “Success breeds success they say, and retail investors clearly have a high conviction that these funds will continue to prosper,” Laith Khalaf at AJ Bell told City A.M. as he [...]
London Stock Exchange raises nearly £17bn in highest IPO funding since 2007 December 29, 2021 London Stock Exchange (LSE) companies have raised the most IPO funding in one year than in the last 14 years. Combined the 122 companies listed on the LSE raised over £16.8bn in 2021 – beating competition from the top exchange in Europe and raising the most equity outside of the US and China. The LSE’s [...]
Graft Polymer to list on London Stock Exchange December 22, 2021 Graft Polymer has announced its intention to list on the London Stock Exchange, where it will look to trade on the main market for listed securities.