By Rupert Taylor on Friday 21 August 2015
After solid recent performance this week the LAFDI gave back some of its recent gains.
| Weekly return | |
| LAFDI | -3.82% |
| MSCI World | -2.49% |
| Top 5 performing Stocks in last week | ||
| 1 | ONDK US Equity | 4.85% |
| 2 | MNY AU Equity | 2.82% |
| 3 | TUNG LN Equity | 0.80% |
| 4 | GLIF LN Equity | 0.47% |
| 5 | EPO LN Equity | 0.47% |
| Worst 5 performing Stocks in last week | ||
| 1 | MONI LN Equity | -15.96% |
| 2 | LC US Equity | -11.96% |
| 3 | RM US Equity | -9.80% |
| 4 | QIWI US Equity | -8.67% |
| 5 | CACC US Equity | -7.99% |
* Returns are calculated for the week to local market close on Thursday.
On Deck Capital shares staged a rally after recent weakness boosted by the assistance of an analyst upgrade.
However most of this weeks significant price moves were on the downside.
Shares of Monitise Plc continued to suffer after the apparent reduction of support from their partner Visa, not to mention the increasingly ubiquitous march of Apple pay now on both sides of the Atlantic.
Negative momentum also persists at Lending Club with the shares hitting new lows and ending the week down nearly 12%. The credit services company announced its Springstone Financial subsidiary reached a settlement with the Consumer Financial Protection Bureau related to the possible borrower confusion about the terms of a deferred interest product. LendingClub ceased to offer the product after it acquired Springstone in April 2014.
Please note : The LAFDI is now available on Bloomberg. Tickers:
LAFDITR Index <
LAFDIPR Index <
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