The increased has once more placed the UK’s equity market under overcast skies, after initial hopes a new year and a revamped listing regime would bring it out of the cold.
From the December 17 to the present day, only three Morningstar UK equity categories have achieved a positive return rate. But they barely scraped over zero.
The Morningstar UK Large Cap, UK Large Mid-Cap, and UK Sustainable categories returned 0.54%, 0.04% and 0.71%, respectively.
Small Cap Stocks Under Pressure
However, small to medium-sized businesses have fared worse with the Morningstar UK Small Cap category reporting a loss of -0.77% and the Morningstar Mid Cap category losing 1.81%.
Richard Carter, head of fixed interest research at Quilter Cheviot, argues British businesses won’t just be impacted by inflationary pressures. Rather, investors should watch out for the UK’s latest GDP figures, which show the UK on the brink of a…
