Below are some of the main news driven share price movements at 4pm.
RISERS
Invista European Real Estate (LON:IERE) up 33.3%. The volatile shares have been up and down like a yo-yo in the past three days. The company extended its standstill agreement with Blackstone Real Estate Debt Strategies for a seventh time today.
Trinity Exploration & Production (LON:TRIN) up 16.18%. The David and Christina Segel Living Trust hiked its stake to 8.0%, from 7.0%, buying almost 100,000 shares.
Motif Bio (LON:MTFB) up 6.5%. The company announced it has landed fast track designation for its next generation antibiotic, Iclaprim. This means the drug will in all likelihood qualify for a priority review by US Food & Drug Administration (FDA).
Morrisons (LON:MRW) up 4.77%. The supermarket's shares rose on reports that South African billionaire Christo Wiese may be looking to add to his UK acquisitions of retailer New Look and gym group Virgin Active.
FALLERS
Booker Group (LON:BOK) down 1.5%. Total sales were lower in the 10 weeks to August 28, hit by the ban imposed on small stores displaying tobacco products. The group also got approval from the Competition and Markets Authority for its acquisition of Londis and Budgens.
Below are some of the main news driven share price movements at 1pm.
RISERS
Range Resources (LON:RRL) up 14.5%. The company received US$22.1mln from Tranche 2 of the subscription proceeds announced on September 1. Range issued just under 1.8mln shares at 0.8p, a premium of 45% to yesterday’s close.
Empresaria (LON:EMR) up 11.6%. The recruitment firm expects to beat market estimates this year after a strong first half. Profits jumped 35% to £2.7mln or by 44% on a constant currency basis over the six months to June, with permanent sales accounting for 47% of Total sales, up from 40% in 2014.
Lookers (LON:LOOK) up 8.6%. The car dealer is to add 30 dealerships to its portfolio, strengthening its presence in the north of England and in Scotland, after buying Addison Motors for £87.5mln.
Easyjet (LON:EZJ) up 5.26%. The budget airline upgraded its annual profit forecasts after hitting a monthly passenger record in August. Passenger numbers for August were 7.06mln, the second month in a row of more than seven million.
FALLERS
Forbidden Technologies (LON:FBT) down 16.5%. The company which owns and develops cloud video platform Forscene and video social network eva, said it expects the benefits of a recent restructuring to start showing through in the next six months, as revenues in the half year to June eased to £327,000 (£348,000), while losses rose to £1.35mln (£1.16mln).
Lonmin (LON:LMI) down 7.1%. The platinum miner took another hit today as the metal lost US$8 to US$1,006 and investors worried about the health of China’s economy.
Below are some of the main news driven share price movements at 9.30am.
RISERS
African Potash (LON:AFPO) up 13.4%. The company unveiled its third supply agreement on the continent in a matter of days. The fertiliser specialist signed a memorandum of understanding (MOU) with a Zimbabwe company to supply 150,000 metric tonnes of fertiliser annually.
Amphion Innovations (LON:AMP) up 12.93%. The medical and tech business developer saw its net asset value (NAV) per share race higher in the first half of the year largely due to the flotation of Motif Bio, one of its portfolio companies.
Dart Group (LON:DTG) up 10.3%. The company is “optimistic” it will significantly exceed market expectations for the year to March 31, 2016, after a strong summer of trading in its leisure travel business. It is also to buy 27 new Boeing 737-800NG aircraft to meet future anticipated growth.
FALLERS
China Africa Resources (LON:CAF) down 15.79%. The company made a US$300,000 loss and had US$800,000 left in cash reserves as it continues to look for ways to fund its Aukas Mine in Namibia and enlarge the lead and zinc asset base of the company.
Go-Ahead Group (LON:GOG) down 7.45%. The Thameslink and Southeastern railway operator posted annual profits slightly above expectations, but warned delays would hit bus targets. Thanmeslink has faced strong passenger criticism due to delays caused partly by Network Rail work to improve the Thameslink route through London.