The PLUS stock exchange posted its first quarter trading activity showing positive gains year-on-year. From January to March this year, reported flow on the exchange reached 1,646,147 bargains. Volumes reached 20.90 billion shares, an increase of 26.04% from the same period last year, while trade value rose 33.21% to £16.63 billion against 2009.
Flow in March 2010
March also saw strong numbers on the PLUS exchange with reported flow of 724,889 bargains. Year on year, March volumes on PLUS were up 39.66% reaching 8.93 billion, while trade value rose 106% to a record £10.26 billion.
Market share
PLUS still captures steady market share in a cross section of various securities, for example:
|
Stock |
Name |
Market Share
% by volume
(March 2010)* |
|
AIM |
SDI GROUP ORD |
80.08% |
|
AIM |
YOUNG & CO BREW ORD |
87.75% |
|
AIM |
INNOVISE ORD |
95.27% |
|
FTSE Fledgling |
ABDN DEV CAPITAL |
72.31% |
|
FTSE Fledgling |
BERKELEY TECH ORD |
74.83% |
|
FTSE Fledgling |
ROSS GROUP ORD |
99.28% |
|
FTSE 100 |
LLOYDS BNK GRP ORD |
8.75% |
|
FTSE 100 |
CAPITA GROUP ORD |
8.93% |
|
FTSE 100 |
ROYAL BK OF SCOT ORD |
11.42% |
PLUS consistently attracts substantial retail order flow in its core UK equity market. This underpins the current volume which in March represented almost seven percent of total UK reported trades according to Thomson Reuters**.
Rachel Maguire, Business Development Director at PLUS said: “Even in such a competitive and challenging climate, PLUS attracts good volumes via the retail market. March was a particularly strong month with volumes picking up and it was particularly satisfying to see record trades in excess of £10 billion. Overall, our first quarter numbers were very pleasing.”
* On-exchange trades (data from Netbuilder)
