Risers,
Vedanta (LON:VED) uo 8.29%. The company said it wants to stay on the London Stock Exchange, but admitted a deal with Cairn, which would be considered a reverse takeover if it were to happen, was not off the table.
Amur Minerals (LON:AMC) up 7.75%. The company said it is to accelerate its production plans after the issue of the "Detailed Exploration and Mine Production Licence" for the Kun-Manie nickel copper sulphide deposit.
FirstGroup (LON:FGP) up 4.86%. The company's shake-up of its UK bus operations meant higher annual profits it said as it announced the departure of its finance chief.
Fallers
Canadian Overseas Petroleum (LON:COPL, CVE:XOP) down 4.6%. The company told investors in Canada that it had filed a prospectus in connection with a proposed offer of new equity.
Proxama (LON:PROX) down 2.38%. Proxama, a world leader in contactless payments, was hit by the news that US tech giant Apple is releasing its own version, Apple Pay.
Fidelity China Special Situations (LON:FCSS) down 1.65%. The MSCI’s decision not to include Chinese A shares — those listed on the mainland rather than in Hong Kong — in its global emerging market index hurt the company.
RISERS
reach4entertainment (LON:R4E) up 60%. The company restructured and paid off its £14.7mln loan facility with AIB replacing it, in part, with new debt from new lenders at lower cost.
Toumaz Limited (LON:TMZ) up 20%. The tech company will use Google's Cast-for-Audio technology in its next generation connected audio solutions due out in 2016.
Best of the Best (LON:BOTB) up 12.6%. The company said turnover for the year to 30 April was £8.8mln, up from £7mln a year earlier, while pre-tax profits grew to a better than expected £810,000 from £450,000.
FALLERS
Dialight (LON:DIA) down 35%. The light emitting diode (LED) designer produced a profit warning today.“Slowdown in the rate of orders since April’s AGM statement in the Lighting segment in both the US and Europe that is likely to result in a shortfall in FY revenue” broker Northland Capital said.
DDD Group (LON:DDD) down 17.5%. What goes up must come down and after leading the risers yesterday, shares inevitably slipped back today.
Weir Group (LON:WEIR) down 2.8%. Chief executive Keith Cochrane said the second quarter “is proving to be very challenging” for the company.