FTSE AIM 100 index plummeted about 10% in February 2020, and amid the massive downturn, there were just 10 stocks which delivered a positive price return during the month under review.
A stock market index of the top 100 companies based on the market capitalisation mainly constitutes the UKâs FTSE AIM 100 Index, on the Alternative Investment Market. It encompasses an array of businesses spanning from newly established, venture capital-funded start-ups to more mature and well-established organisations, looking to grow further.
Coronavirus spillover has jolted market sentiment globally. Stock markets across the world are in a steep bearish trend. Major world equity indices like Dow Jones, S&P 500, Nasdaq Composite, FTSE 100, DAX, CAC, Hang Seng, Kospi, Topix, and others have wiped out trillions of dollars of investors wealth in February 2020.
UK small caps, tracking the general declining trend prevailing in the broader market indices of the UK tumbled substantially since the Coronavirus outbreak originated in China.
However, despite a steep sell-off in the market, there were ten AIM counters which recorded performance substantially resilient to the broader market trend between January 31, 2020, to February 28, 2020.
- Eddie Stobart Logistics Plc: Alternative Investment Market-listed LON: ESL is an Industrial Transportation company. The outstanding market capitalisation of trucking company stood at £10m. Its shares have bagged humongous return of approximately 75% between January 31, 2020, to February 28, 2020, against a 10% fall in its benchmark index. The relative outperformance of the company against the benchmark FTSE AIM 100 index stood at 85% in February.
- Keywords Studios Plc: United Kingdom-headquartered LON: KWS is a leisure goods company, with an outstanding market capitalisation of £1009.7m. The group is engaged in the supply of localisation and localisation testing services. Its shares surged about 24% during the period under consideration. The relative outperformance of the KWSâs stocks against its benchmark FTSE AIM 100 stood at ~ 34%.
- Immobile Plc: Alternative Investment Market-listed LON: IMO is the United Kingdom-headquartered Software and Computer Services company. Its principal activity is the supply of cloud communication software and solution. The shares of £4m market-cap company were admitted on June 27, 2014, to the AIM-segment of London Stock Exchange for trading. Amid steep market sell-off in February, its shares bagged approximately 6% of return, when its benchmark FTSE AIM 100 lost 10% during the same time period. The relative performance of IMO stocks against FTSE AIM 100 index stood at 16% during the same time period.
- Silence Therapeutics Plc: The £21m market-cap LON: SLN is a United Kingdom-based Biotechnology company. Itâs core operating activities lies in the research and development of pharmaceutical products. Its shares increased by approximately 5% during February 2020, and the relative outperformance of SLN stocks and its benchmark FTSE AIM 100 stood at 15%.
- Young & Co'S Brewery Plc: Despite a steep downtrend in travel and leisure sector because of Coronavirus spread across the world, stocks of this UK-based small-cap restaurants and bars group company LON: YNGA, delivered approximately 3% of return, when its bigger peers and benchmark indices were nosedived. Also, the relative performance of its shares against its benchmark index stood at 13%.
- Uniphar Plc: Shares of £68 mn drug retailer (LON:UPR) recorded a positive price return in February 2020, despite a massive market sell-off across the board at the same time. The group also provides a pre-wholesale and wholesale pharma distribution in Ireland. Its shares surged about 3% in February 2020, and relative outperformance of its stocks against FTSE AIM 100 stood at 13%.
- Watkin Jones Plc: United Kingdom-based (LON: WJG) is a Home Construction company with an outstanding marketing capitalisation of £93m. The group, together with its subsidiaries, is engaged in property development and the management of properties for residential occupation. During February 2020, its stocks managed to sustain against the broader sell-off in the market and were up by ~3% in the reported period, relatively outperforming its benchmark index FTSE AIM 100 by ~13%.
- Yougov Plc: Alternative Investment Market-listed (LON: YOU) is an international data and analytics company. The company is headquartered in the United Kingdome, and its current market capitalisation stands at £10 m. Shares of YOU also managed to sustain the market blow-in February 2020, and its shares delivered a price return of approximately 2.9%. The relative performance of YOU stocks against FTSE AIM 100 index was approximately 12.96%.
- Draper Esprit Plc: United Kingdom-based LON: GROW is engaged in Investment Banking and Brokerage Services, the outstanding market capitalisation of the company stood £87m. The group's operational segments are divided into segments like consumer technology, enterprise technology, hardware and deep tech. Its shares have also managed to trade in positive territory in February despite a bloodbath in the market as it was up by approximately 2% in February 2020 and its relative outperformance against the benchmark index stood at about 12%.
- Highland Gold Mining Ltd: Alternative Investment Market-listed LON: HGM is a gold mining company with an outstanding market capitalisation of £21 m. Its areas of operations are divided into segments like gold production, polymetallic concentrate production, development and exploration, and others. Amid massive across the board sell-off, its shares were up by approximately 1% in February 2020.