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The JP Jenkins-15, an index of the largest companies listed on the UK share dealing platform, declined by 0.7% during May, amid ‘small moves’ in constituent share prices. It is the fourth monthly calculation for the new index. It increased by 6.7% in the four weeks that ended March 7, its first calculation, but slipped 0.5% in the month that ended April 7 and 0.1% in the month that ended on May 2. London-based JP Jenkins provides a matched bargain platform for unlisted companies. It has around 50 listings in total with a combined market capitalisation of about £1.8 billion. The JP Jenkins-15 index stood at 1,053.11 points on June 6, still up 5.3% from its baseline of 1,000 points. ‘The relative stability of the index belies the fact that we are seeing steady underlying transaction volume, simply with shares changing hands at relatively static prices, as would be expected for the most part from unlisted companies,’ said Veronika Oswald, commercial director of JP Jenkins. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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