Strong retail growth at Jarvis Securities

STOCKBROKING firm Jarvis Securities yesterday said significant growth seen in its retail business last year had continued in the first quarter of 2010.

Trade volumes were up 71 per cent year-on-year while active client numbers at the end of March 2010 stood 44 per cent higher than end-March 2009.

Total assets under administration at the end of March 2010 were 22 per cent higher than a year earlier.

Shares in the Kent-based company rose by 11.5p to close at 125p, valuing the company at just over 13m.

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