|
The JP Jenkins-15, an index of the largest companies listed on the UK share dealing platform, ended 2025 on a high, resulting in a 21% gain in its first year in existence The index rose by 5.4% in December, adding to a 4.5% gain in November. It stood at 1,209.1 points on Friday last week, up from its baseline of 1,000 points at the start of 2025. London-based JP Jenkins provides a matched bargain platform for unlisted companies. As in November, the rise in the index in December was led by shares in THG Ingenuity Ltd, the e-commerce technology provider that was spun off from beauty and health products retailer THG PLC at the start of last year. Altrincham, England-based THG Ingenuity has a market capitalisation of £311 million. Its shares were last traded at 125 pence on December 23, up 47% from 85p on November 21 and nearly tripled from 44.10p on October 28. JP Jenkins said the overall value of the 15 companies in the index is approaching £2 billion. The next quarterly re-weighting of the index will be in April. This ensures that the inclusion of new companies with larger market capitalisations in the index doesn’t skew its calculation. Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
