Numis sees improvement in deals pipeline

Stockbroking and investment banking firm, Numis Corporation, has been battered by declines in equity fundraising activity and secondary trading, but a bullish update has given investors confidence in the firm's business case.

Stockbroking and investment banking firm, Numis Corporation, has been battered by declines in equity fundraising activity and secondary trading, but a bullish update has given investors confidence in the firm's business case.

Total revenues for the six months to the end of March were £23.3m versus £26.5m in the corresponding period of 2011.

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