Below are some of the main news-driven share price changed at 4.00pm
Risers
Black Sea Property Fund (LON:BKSA) up 438%. The company released a statement saying it was not aware for the reason behind the price hike.
Trap Oil (LON:TRAP) up 91%. No news today but the company did release news earlier in the week that stated operations have started on the Nioble exploration prospect.
Best of the Best (LON:BOTB) up 20%. Despite getting the wrong dividend date, investors were still enjoying the news that the company’s 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
Kimberly Enterprises NV (LON:KBE) down 42%. Shares jumped this morning and are back down again this afternoon. Looks like a pump and dump.
Emerging Metals Minerals (LON:EMI) down 27%. The AIM listed uranium, thorium, base and precious metals and gemstones exploration and development company operating in Madagascar, has announced that William Redford has resigned as a non-executive director with immediate effect.
Afren (LON:AFR) down 11%. Shares dropped after the company revealed yesterday it would use another 30-day grace period to delay a £7.7mln interest payment due the day before.
Below are some of the main news-driven share price changes on the FTSE 350 at 12.00pm.
Risers
Sainsbury’s (LON:SBRY) up 2.5%. Yesterday, the company announced sales slipped but not by as much as investors had feared. On the news, Cantor Fitzgerald bumped its rating on the firm up to a ‘buy’ from a ‘hold’.
CRH (LON:CRH) up 2%. Reports suggest the Irish building materials group will take part in the preliminary bidding for South Korean Tongyang Cement & Energy tomorrow.
Royal Bank of Scotland (LON:RBS) up 1.97%. As you may have heard, chancellor George Osborne gave his annual Mansion House speech last night and said the time was right for the government to start selling-off some of its 79% stake in RBS.
Fallers
Vodafone (LON:VOD) down 3.3%. The telecoms giant is trading ex-dividend today.
Cineworld (LON:CINE) down 3.1%. The cinema-chain was also trading ex-dividend.
Standard Chartered (LON:STAN) down 1.9%. The bank gave up some of yesterday’s gains after hopes were Osborne would use last night to overhaul the UK’s bank levy were not realised.
Below are some of the main news-driven share price changes at 9.00am.
Risers
Triad Group (LON:TRD)up 31%. The company released end of year results, for the year ended 31 March 2015, which showed revenue rose to £23.5mln from £19.7mln and profit more than tripled to £0.46mln from £0.13mln.
Avesco (LON:AVS) up 25%. The company swung to a profit in the first half of the year and said the outlook in the second half is just as encouraging. Results are now expected to exceed forecasts.
Nektan (LON:NKT) up 8.26%. The developer of mobile gaming apps for companies including the Sun newspaper, has received a software and gaming licence for the UK.
Fallers
Redhall Group (LON:RHL) down 10.4% . Revenue in the first half of the year dropped to £41.4mln from £50.6mln due to delays in manufacturing.
Sareum Holdings (LON:SAR) down 6.9%. More than 577mln shares from its most recent placing were admitted onto the market today.
Royal Mail (LON:RMG) down 3.5%. The government's department for business, innovation & skills said it has completed the disposal of a 15% tranche of its holding in Royal Mail via a share placing at 500 pence a share.