Transformed Zephyr Energy Plc set for production led growth; new data reveals potential of Utah play
While the FTSE 100 rose 8.9% in the first six months of the year, the FTSE AIM All-Share has almost matched that with a 7.9% increase, despite a lacklustre performance by the market’s big names; the FTSE AIM 100 has managed just a 3.9% gain so far this year, and the market’s top 10 performers have all come from outside AIM’s flagship index.
Proof, perhaps, that the market remains a stock-picker’s arena, the list of the top performers is dominated by resource stocks and yet the FTSE Basic Resources index has been this year’s worst performer, with a 17% decline, followed by the Energy index, down 8.3%.
Technology stocks also feature prominently in the list of best performers and yet the FTSE AIM Technology sector is down 2.7% this year.
Read More: Transformed Zephyr Energy Plc set for production led growth; new data reveals potential of Utah play