Aim bounces back after turmoil

Aim has started along the road to recovery after a stormy year with investors backing an increase in fund­raisings by companies on the junior stock market.

If the current rate of share issues continues, about £3.6bn ($5.9bn) will have been raised by existing Aim companies by the end of the year, according to a survey of institutional investors by stockbroker Arbuthnot. That compares with the £3.2bn raised during 2008.