Risers & Fallers: Scancell Holdings, Asian Citrus Holdings and more
Major share price risers and fallers in London at around 3.35pm
Company
LON:CAPD
Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry, focusing on the African markets. The company's services include: exploration, delineation and production drilling; load and haul services; mining equipment hire and maintenance; and geochemical analysis. Capital's corporate headquarters is in Mauritius and it has established operations in Burkina Faso, Cameroon, Côte d'Ivoire, Egypt, Guinea, Kenya, Mali, Mauritania, Nigeria, Saudi Arabia and Tanzania.
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Major share price risers and fallers in London at around 3.35pm
Investments and investor services
Mining stocks weighed on the Footsie but Capital Drilling offered some hope for the beleaguered sector
"The early signs of recovery in the sector, albeit measured, together with the award of new exploration contracts, reinforce Capital's position for revenue and earnings growth during the balance of 2016 and beyond," it said
Archive
Also covered: Britvic, Cyan, Capital Drilling, IHG
The Bank of England kept interest rates unchanged for the 84th month in a row.
Small cap shares were heading south in contrast to bigger brother FTSE100 but tech group Sopheon PLC was a notable riser.
Mark Parsons highlighted that in 2015 the drilling contractor had strengthened its balance sheet, generated positive free cash flow, and paid maiden dividends.
Archive
Capital Drilling continues to feel the push from the mining sector recession, while Asian Citrus has been fraught with bad luck.
The payout of US$4mln in dividends since May of this year marks a real statement of intent.
With investors still shaken from the global sell-off on Monday, BHP Billiton and Regus throw themselves into the limelight tomorrow.
Investments and investor services
BHP Billiton is one of the big beasts declaring this week, and it may have to choose between cutting the divi or paring capex