Weekly return
LAFDI
-2.99%
MSCI World
-0.50%
Top 5 performing Stocks in last week
1
TUNG LN Equity
2.29%
2
TAXI US Equity
2.08%
3
CFN US Equity
1.70%
4
IPF LN Equity
1.64%
5
OPAY LN Equity
0.50%
Worst 5 performing Stocks in last week
1
ONDK US Equity
-15.28%
2
MONI LN Equity
-13.52%
3
MNY AU Equity
-8.81%
4
PAY LN Equity
-7.30%
5
SGM US Equity
-6.84%
* Returns are calculated for the week to local market close on Thursday
Tungsten Corp. had a modest rebound after significant losses of late. The rally could have been in part in response to news that CEO Eddie Truell purchased an additional 500,000 shares on February 27th.
Medallion Financial Corp further built on impressive recent gains and now looks to have a chance of escaping the downtrend that has dogged the shares since late 2013.
Most of this week's LAFDI action, however occurred on the downside with several companies posting heavy losses.
OnDeck Capital suffered as the market questions the model of the recently IPO’ed company in the light of expected interest rate rises.
Monitise PLC resumed its recent travails as the market again seems to be questioning the likelihood of a buyer being found after the recent set of poor results.
Please note : The LAFDI is now available on Bloomberg. Tickers:
LAFDITRGO for the Total Return Index
LAFDIPRGO for the Price Return Index
