Below are the main share price movements at 4pm.
RISERS
Onesavings Bank (LON:OSB) up 12.6%. The retail lender saw pre-tax profits jumped 60% to £47.6mln in the six months to the end of June. This was the result of higher margins, falling costs and a 17% hike in lending to £4.6bn the company said.
Skyepharma (LON:SKP) up 9.26%. The company gave an upbeat outlook for the year with substantial growth and the potential of a £7.1mln milestone payment in the second half of this year.
Evocutis (LON:EVO) up 8.1%. New calculations prepared by oil services giant Schlumberger suggest there are 10.99bn barrels of crude across 55 square miles. US firm NuTech previously estimated it was host to 9.97bn ‘mean’ barrels.
FALLERS
Schlumberger (LON:SCL) down 9.64%. The company is to merge with Cameron in a combined stock and cash transaction which will see Cameron shareholders receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 in exchange for each Cameron share.
Fresnillo (LON:FRES) down 6.69%. Like fellow miners Randgold (LON:RRS) and Lonmin (LON:LMI), Fresnillo was lower as commodity prices across the board tumbled as US stock markets made big gains in early trading.
Below are the main share price movements at 1.30pm.
RISERS
Herencia Resources (LON:HER) up 10.8%. Shares rose after the company released details of its latest sampling programme using a hand-held XRF analyser at the Picachos project in central Chile. The results showed multiple high grade copper zones in the neighbourhood of the 40M shaft.
Solo Oil (LON:SOLO) up 11.39%. Oil services giant Schlumberger suggest there are 10.99bn barrels of crude across the 55 square miles near Gatwick Airport owned by the explorers. Meanwhile, Solo and Aminex are now ‘ready’ to start producing gas from the Kiliwani North field onshore Tanzania.
Optimal Payments (LON:OPAY) up 10.3%. Revenues climbed 40% to US$223mln while underlying earnings rose 27.9% to US$49.9mln. It also said the integration of its Skrill following the acquisition was progressing well.
FALLERS
Andes Energia (LON:AEN) down 12.86%. The company has launched a US$9mln share placing which will help fund drilling in Argentina. Cash raised will part-finance the company’s participation in up to 78 low cost wells, as well as 30 ‘work-overs’ of existing wells.
Vela Technologies (LON:VELA) down 9.48%. The company raised £250,000 through the issue of 125mln shares at 0.2p per share to raise money for investment into Blockchain Tech.
Below are the main share price movements at 10am.
RISERS
Asiamet Resources (LON:ARS) up 17.3%. The company uncovered a high-grade copper zone at Beruang Kanan (BK), in Kalimantan, Indonesia, that has the potential to transform the economics of the project.
Paddy Power (LON:PAP) and Betfair (LON:BET) up 17.2%. The two rivals have agreed to merge to create a gambling giant. Paddy’s shareholders will own 52% of the group while Betfair investors will have a 48% stake.
Image Scan (LON:IGE) up 17.14%. Shares rose again today after the firm announced the first delivery of its new ultra-thin detector panel and new software yesterday.
FALLERS
Marechale Capital (LON:MAC) down 54.3%. “The Company's Directors wish to point out, in the light of last week's significant share price rise, that the approximate value of the net assets on its balance sheet is currently around £850,000.” However, the company also said Kettering Borough Council granted planning permission for Northfield UK Solae’s 49.9MW solar scheme at Desborough which it has a 26% stake in.
Mobile Streams (LON:MOS) down 36%. The company said revenues will be lower than market expectations due to investment in new products and challenges in its core market, Argentina, with EBITDA expected to be around breakeven.
HSS Hire (LON:HSS) down 35.6%. Chief executive Chris Davies said: “Trading continues to be unpredictable, and after a reasonable July, we have seen softer market conditions in August.” He added “As a result we are cautious on the outlook for the balance of the year and now expect full year earnings to be below current market expectations.”