LAFDI market report - Friday 29th May

By Rupert Taylor on Friday 29 May 2015

Features

The Liberum AltFi Financial Disruptors Index eked out a positive return this week with a little over 1% out-performance versus global equities.      .  

 

Weekly return

LAFDI

0.07%

MSCI World

-1.02%

Top 5 performing Stocks in last week

1

TUNG LN Equity

29.01%

2

MONI LN Equity

23.82%

3

LC US Equity

6.15%

4

NEWS LN Equity

4.44%

5

PAY LN Equity

2.59%

Worst 5 performing Stocks in last week

1

QIWI US Equity

-8.80%

2

TAXI US Equity

-6.74%

3

EPO LN Equity

-6.48%

4

MNY AU Equity

-4.57%

5

P2P LN Equity

-4.55%

* Returns are calculated for the week to local market close on Thursday

This week saw something of a re-bound in shares of Tungsten Corp PLC albeit the shares are still down significantly over the month.  After the travails of last week the shares followed up the rather ambiguous announcement of last Thursday with news on the Friday of a successful placing of new equity.   The company has raised GBP17.5 million after conducting two placings of just shy of 21.9 million new shares at 80.0 pence per share.  The company reported strong demand from institutional investors as well as on-going support from management who added to their already significant holdings in the raise. 

LendingClub Corporation built on the gains of last week with another week of steady gains. 

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

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