The AIM ( LSE ) had in May its best capital raising month since June 2008 as new listings raised around 500 million pounds, with one company alone raising over 200 million pounds.

Further positive signs for the market, come from the fact that the AIM index has risen 30% since the beginning of the year, with 20% uplift coming in the past 2 months.

Other positive news is that following the resolution of a legal dispute, AIM companies will be able to have their shares traded on 3rd party platforms. From September, market makers at institutions will be able to be quote competing prices on stocks in different markets.

In line with these positive signs, the LSE has indicated a market recovery will be witnessed from early next year, with the trend being towards larger companies being listed and the index representing a higher average cap .

June 2009