Below are some of the main news-driven share price movements at 4pm.
RISERS
Photonstar (LON:PSL) up 14.2%. The LED company was partly boosted by the poor performance by Dialight, but also secured a “substantial” contract for its Camtronics Vale manufacturing business, with a leading UK-based electronics company.
Nyota Minerals (LON:NYO) up 11%. The company continues to evaluate new opportunities to diversify while it progresses its flagship nickel and copper project in Italy.
Metminco (LON:MNC) up 10%. The company said it will produce over 765,000 tonnes of copper and generate US$2.7bn in earnings over 17 years from the Los Calatos project in Southern Peru after it released the results of the latest mining study at the project.
FALLERS
Golden Saint Resources (LON:GSR) down 28%. The company raised £250,000 after issuing 312mln new shares at 0.08p per share, plus 125mln warrants at an exercise price of 0.1p.
Dialight (LON:DIA) down 13.21%. The company posted first half results which revealed that, despite revenues rising 14%, operating profit dived 74% to £1.7mln from £3.5mln. Dialight’s chief executive Michael Sutsko instigated an operational review of markets, products and geographies in the wake of the results.
Pearson (LON:PSON) down 4.6%. The company followed up its sale of the Financial Times by announcing the planned disposal of its 50% stake in news magazine The Economist.
Below are some of the main news-driven share price movements on the FTSE 350 at 1pm.
RISERS
Reckitt Benckiser (LON:RB. up 2.4%. A flu outbreak gave a lift to first-half profits at the Nurofen and Strepsils lozenge maker, increasing revenues by 5% in the six months to June 30.
Petra Diamonds (LON:PDL) up 2.5%. Production was up 2% to new record levels but revenue fell 10% to US$425mln due to lower average prices. It also reduced production forecasts for 2016.
Bwin.party (LON:BPTY) up 1.5%. A bidding war has broken out for the online bookmaker as GVC Holdings has now offered £1bn. It trumps a £900mln bid from rival 888 Holdings.
FALLERS
Lonmin (LON:LMI) down 7.4%. Shares eased again today after the platinum miner said on Friday it would have to axe 6,000 jobs as a cost-cutting measure to arrest the metal’s slumping price.
Vedanta (LON:VED) down 6.9%. The miner fell on concerns of a slowdown of demand in china, with the Shanghai composite losing 8.5% overnight.
Ladbrokes (LON:LAD) down 5%. Investors have had the weekend to mull over the news that the gambling giant is merging with rival Gala Coral for £2.3bn, making it the largest bookmaker in the UK.
Below are some of the main news-driven share price movements at 10am.
RISERS
Regency Mines (LON:RGM) up 18%. Shares surged as it revealed it was mulling acquiring interests in USA oil and gas projects with proven production.
MySale Group (LON:MYSL) up 10.6%. Revenue is expected to rise 5% after a strong second half. It also added Iain McDonald as non-executive chairman.
Daily Internet (LON:DAIP) up 10%. The company has signed contracts worth a £400,000 with builders' merchant JT Atkinson & Sons through its Netplan subsidiary.
FALLERS
React Energy (LON:REAC) down 36%. Shares began trading today after being suspended since December. after it raised £1mln through a secured facility loan and had €5.7mln of debt wiped off in return for 37mln new shares.
Coal of Africa (LON:CZA) down 17.4%. The company was given a new order mining right by the for the Makhado hard coking and thermal coal project but added that it still owes Rio Tinto US$19.8mln which is paying off in US$100,000 per month instalments.
Fidelity China Special Solutions (LON:FCSS) down 7.2%. Heavy falls in Asian markets overnight hurt the firm which invests in companies listed in China and Hong Kong.