Weekly return
LAFDI
0.88%
MSCI World
1.34%
Top 5 performing Stocks in last week
1
ONDK US Equity
12.53%
2
OPAY LN Equity
7.55%
3
CACC US Equity
5.75%
4
PFG LN Equity
5.65%
5
NEWS US Equity
3.45%
Worst 5 performing Stocks in last week
1
TBDY SS Equity
-24.82%
2
TAXI US Equity
-7.61%
3
QIWI US Equity
-7.07%
4
MONI LN Equity
-4.70%
5
MNY AU Equity
-3.28%
* Returns are calculated for the week to local market close on Thursday
OnDeck Capital continued to build on last week’s strength, adding another 12.53% over the week. Wednesday punctuated the week with a raft of broker commentary the highest profile perhaps being Deutsche bank’s reiteration of its buy rating on the shares and $28 price target.
Optimal Payments added 7.55% over the week with the most notable news being that the firm has appointed Shane Hibbeler, a seasoned merchant services and financial services industry sales executive and manager, as vice president of sales. Mr. Hibbeler will lead Optimal Payments' independent contractor and direct sales channels for NETBANX®, the company's Straight Through Processing division.
The stand out underperformer, however, was TrustBuddy, the Swedish based short term and peer to peer lender. The company saw almost a quarter of its value wiped off its shares on heavier than normal volume. It's been a poor 2015 thus far for TrustBuddy's shareholders with the share price now almost half what is was at the start of the year. There was talk of a couple of big sellers in the market with the FY14 results released last month being OK but not indicative of growth potential.
Please note : The LAFDI is now available on Bloomberg. Tickers:
LAFDITR Index <GO> for the Total Return Index
LAFDIPR Index <GO> for the Price Return Index
