AIM liquidity is the highest it has been since the 2008 financial crisis, accountant UHY Hacker Young revealed today.
The average value of shares traded each day for companies listed on the junior market was £156,000, 50% higher than a year earlier.
In 2013, the average was £107,000 per company per day with the low in 2009 just £95,000.
The rise in activity was in spite of the FTSE AIM All-Share index closing the year lower.
“Increased interest in AIM drove the surge in liquidity during 2014, despite a patchy performance in the valuation of companies across the market as a whole” said Laurence Sacker, corporate finance partner at UHY Hacker Young.
He said in the aftermath of the economic crisis, investors were reluctant to invest in small caps but their appetite for AIM’s growing companies seems to be returning.
FTSE AIM All Share Index, the London Stock Exchange's (LON:LSE) market for small caps, was flat today at 718.