The number of companies trading on the Alternative Investment Market (AIM) had reached 900, the London Stock Exchange said.
So far in 2004, 189 companies have joined AIM, the Stock Exchange's international market for smaller growing companies, raising a total of £2.56bn.
AIM deputy head Mat Wooton said: “Reaching the 900th company milestone caps a fantastic first half of the year for AIM, showing the strength and maturity of the market and underlining its position as the most successful market in the world for smaller, growing companies.”
Since its launch in June 1995, a total of 1,517 companies have been admitted to AIM, raising a total of £12.89bn. The total market capitalisation of AIM at the end of July 2004 was £24.2bn.
