Majority of Indian AIM firms outperform other UK indices
Monday, October 18, 2010
| Posted by: Grant Thornton
Categories:
India,
India Watch Issue 10
| Tags: India,
finance,
economy,
performance,
India Watch,
LSE,
South Asia,
AIM,
stockmarket
In the quarter ended 30 September 2010, Grant Thornton’s India Watch Index underperformed other UK indices. This underperformance was due mainly to the heavyweight stocks Essar Energy and Vedanta Resources which were a drag on the Index’s overall performance. However, the majority of Indian AIM companies actually outperformed the main UK indices over the quarter and the pipeline of Indian IPOs on AIM continues to look strong.
