Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Investments and investor services

Risers & Fallers: Strat Aero, Rank Group, Bango, Renishaw, Fusionex, PeerTV...

Below are the main news-driven share price movements at 4pm.

Below are the main news-driven share price movements at 4pm.

RISERS

Fusionex International (LON:FXI) up 10.8%. The company said it has madxe significant progress in securing new clients for its data platform GIANT and said demand for the product remains high. It also raised around £14mln through the issue of 4.3mln shares.

Renishaw (LON:RSW) up 6.9%. The company lowered its revenue expectations for the year, but maintained its profit forecast as sales and dropped to £98.2mln in the first quarter compared to £101.4mln the year before.

Bango (LON: BGO) up 6.1%. Users spending more on app content will boost the company, with end users in the emerging markets particularly spending more than expected. Spending in EMEA has risen by 98% compared to the previous year.

Rank Group (LON:RNK) up 1.5%. High rollers endured a losing streak over the summer and early autumn, boosting casino returns at the gaming and bingo group. Grosvenor digital revenues increased 56% in the period.

FALLERS

Strat Aero (LON:AERO) down 21.5%. The company raised £1.28mln to support the roll out of its integrated global UAV operations. It issued 25.6mln shares at 5p per share.

PeerTV (LON:PTV) down 12%. The company has extended its distribution agreement with YA Global Master SPV with the amount committed rising to £1.8mln from £1.5mln.

Below are the main news-driven share price movements at 1pm.

RISERS

Zytronic (LONZYT) up 12.5%. The touch sensors manufacturer reported a strong second half with an uptick in sales meaning it will beat full year market expectations.

Orosur Mining (LON:OMI) up 7.8%. The company has upped its cash holdings despite lower production and gold price hitting revenues.

WH Smith (LON:SMWH) up 6%. The newsagent announced a share buyback as it reported an 8% rise in pre-tax profit in the year ended August 31 to £121mln from £112mln the year before. WH Smith said it will buy back up to £50mln shares.

FALLERS

Vmoto (LON:VMT) down 25.8%. The Chinese electric scooter manufacturer said it has decided to cancel its shares from trading on AIM. Its shares will be cancelled on November 19.

Spectris (LON:SXS) down 1.4%. Goldman Sachs removed the company from its Conviction Buy List, and it cut its target price to 2,300 pence from 2,550p.

Booker Group (LON:BOK) down 1%. The wholesale retailer reported a rise in profit in the first half of its financial year on lower sales as it was hit by the UK government's ban on tobacco displays in small shops, which came into force earlier in the year.

Below are the main news-driven share price movements at 9.30am.

RISERS

Alpha Pyrenees (LON:ALPH) up 260%. The company has a new extension with its creditor Barclays Bank. The maturity date on its €257.8mln in borrowings has now been pushed back to April 2016.

Scholium Group (LON:SCHO) up 89.5%. The rare books and collectibles company said its first half of the year saw improved sales as the company swung to a pre-tax profit.

Orogen Gold (LON:ORE) up 15.2%. The miner announced the mobilisation of a drill rig to re-commence diamond drilling at the Mutsk gold project in Armenia.

FALLERS

Carclo (LON:CAR) down 15.6%. The plastics product maker said profits will be higher in the first half. The news VW will change its new flagship luxury vehicle, due for launch in 2017, from a diesel car to an electric car, however, could affect the LED lighting work it has done on the car, meaning profit for the full year is likely to be lower than expected.

Burberry (LON:BRBY) down 12.2%. Economic turmoil in China has taken its toll on the fashion house, although first half sales still rose. Burberry said a "more challenging external environment" affected second quarter demand from luxury consumers, particularly Chinese customers.

Starcom (LON:STAR) down 7.1%. Starcom has entered into an unsecured convertible loan facility with YA Global Master SPV. The total amount available is US$2mln but further drawings are subject to approval.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK