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3 UK Penny Stocks With Market Caps Under £30M

The UK stock market has recently faced challenges, with the FTSE 100 and FTSE 250 indices experiencing declines amid concerns over China's economic recovery. Despite these broader market pressures, penny stocks continue to capture the interest of investors seeking opportunities in smaller or newer companies. While the term "penny stock" might seem outdated, these stocks can still offer potential for growth when supported by strong financials and sound business fundamentals.