Octopus Apollo VCT PLC (OAP3) Decline -1.02% on Nov 15

November 15, 2017 - By Hazel Jackson

Shares of Octopus Apollo VCT PLC (LON:OAP3) last traded at 48.5, representing a move of -1.02%, or -0.5 per share, on volume of shares. After opening the trading day at 0, shares of Octopus Apollo VCT PLC traded in a close range. Octopus Apollo VCT PLC currently has a total float of 249.12 million shares and on average sees 8,924 shares exchange hands each day. The stock now has a 52-week low of 47 and high of 62.

What Drives The Trade and Commerce In The UK

The UK is one of the richest nations globally. It has long been among the driving forces behind the success of the European economy. It has been always been leveraging opportunities and maximizing its capabilities to execute its prospects.

Truthfully, Europe would not be the global leader that it is today if it’s not for the economic growth initiatives of countries such as the UK.

Similarly, investors can benefit from this revolutionary growth through time. By simply learning about the ins and outs of equity market in the UK, they, too, can succeed financially in their own ways.

The Stock Exchange

The London Stock Exchange (LSE) is the primary stock exchange in the UK. Established in 1801, it is surely one of the first stock exchanges in the world.

With nearly 2,300 stocks listed on it and a total market valuation of more than ‘6 trillion, the LSE is the largest stock exchange in Europe. Worldwide, it is the third largest stock exchange.

The LSE Group (LSEG) oversees the operation of the LSE. In October 2007, it had been established from the consolidation of the LSE and the Borsa Italiana.

The regular trading session on the LSE opens at 8:00 a.m. and closes at 4:00 p.m.

The Index

The Financial Times Stock Exchange (FTSE) 100 Index is the benchmark blue-chip index in the UK. It tracks the 100 largest stocks on the LSE based on free-float market capitalization, representing over 80% of the total market valuation on the LSE. Octopus Apollo VCT PLC is a stock traded on the U.K’s stock exchange.

The FTSE 100 had been established on January 3, 1984 using a base value of 1,000 points. Currently, the FTSE Group, an LSEG subsidiary, oversees the operation of the FTSE 100. As of the third quarter, it has a total market valuation of ‘1.70 trillion.

Rebalancing of the FTSE 100 happens four times a year on a Wednesday immediately succeeding the first Friday of the months of March, June, September, and December. This helps maintain the actual representation of the FTSE 100. Octopus Apollo VCT PLC has relatively good liquidity.

The FTSE 100 is a powerful indicator of the LSE but not of the UK economy because it is mostly composed of international stocks. The FTSE 250 is a more powerful indicator of the national economy for two reasons: 1) it tracks the 250 largest stocks on the LSE, making it a broader indicator; and 2) it is mostly composed of domestic stocks.

The FTSE 100 had touched an all-time low of 427.50 points in February 1978 and an all-time high of 7,103.98 points in April 2015. Meanwhile, on October 11, it had touched its best intraday high of 7,129 points.

The UK economy has gotten better and more progressive through time. It is indeed one of the fastest growing economies in the world’ not just in Europe.

There is no better way to bet on this valuable economic growth than to enter the equity market in the UK. Investors can expect rewarding investment returns by trading on the LSE. Professional analysts might be interested how this will affect Octopus Apollo VCT PLC.

More notable recent Octopus Apollo VCT PLC (LON:OAP3) news were published by: Globenewswire.com which released: “Octopus Apollo VCT plc : Special Dividend Declaration” on October 25, 2017, also Globenewswire.com with their article: “Octopus Apollo VCT plc : Total voting rights” published on October 31, 2017, Globenewswire.com published: “Octopus Apollo VCT plc : Issue of Equity and Total Voting Rights” on July 28, 2017. More interesting news about Octopus Apollo VCT PLC (LON:OAP3) were released by: Globenewswire.com and their article: “Octopus Apollo VCT plc : Final Results” published on April 11, 2017 as well as Globenewswire.com‘s news article titled: “Octopus Apollo VCT plc : Merger Update: Approval of Scheme” with publication date: December 19, 2016.

Octopus Apollo VCT plc is a United Kingdom venture capital trust . The company has market cap of 99.50 million GBP. The objective of the Company is to invest in a diversified portfolio of unquoted United Kingdom smaller companies, which meet the relevant criteria for VCTs in order to generate income and capital growth over the long term. It has a 15.84 P/E ratio. The Firm invests in various sectors, such as automotive software and data, security devices, retail support services, healthcare software, training and content delivery, investment company, manufacturing, anaerobic digestion, healthcare, crack detection system, power, media and others.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.