Press Release

MC Invest Latest Update and News

iCrowdNewswire   Feb 10, 2021  9:41 AM ET

Equity markets look forward as hopes of an effective vaccine for COVID-19 provide positive stimulus for stocks.

As at 4 December 2020, the FTSE 100 was 17.4% higher than at the end of October. November 2020 was the strongest month for the index in 30 years.

Basic Resources (largely comprising mining companies)has been the best performing FTSE 350 sector since the start of 2020. Oil & Gas was the main detractor.

Companies across all sectors have raised significant additional capital through follow-ons, particularly in Q2 2020, to weather the COVID-19 storm. However, COVID-19 has led to the requirement for additional disclosure for several companies seeking investor support.

The IPO market has returned with the £1.9bn IPO of THG. The IPO has driven increased discussion around the use of founder shares, corporate governance and the merits of a Standard listing.

In addition, MC Invest can provide a summary of our most recent UK and European CFO Surveys, which show COVID-19 as the main area of concern for CFOs as corporates continue on their road to recovery.

MEDIA CONTACT

MC Invest Luxembourg
[email protected]
5 All’ee Scheffer
https://mcinvest.lu


iCrowdNewswire

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