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JP Jenkins-15 index edges higher in early-April update

ALN

The JP Jenkins-15, an index of the largest companies listed on the UK share dealing platform, rose marginally in its latest early-April calculation.

The index stood at 1247.8 points after the close on Thursday last week, up slightly from 1247.2 at the end of February, and from its baseline of 1,000 points at the start of 2025.

London-based JP Jenkins provides a matched bargain platform for unlisted companies.

JP Jenkins said the index’s latest rebalancing saw the inclusion of The London Tunnels Inc, a company focused on restoring and transforming the Kingsway Exchange Tunnels. It has a market capitalisation of $212 million.

JP Jenkins said that the application of a diviser in the index methodology prevents large new constituents having an abnormal impact on the valuation.

The next calculation is set to take place using closing valuations from May 1.

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