Below are the main news-driven share price movements at 3.30pm.
RISERS
Orogen Gold (LON:ORE) up 33%. The company said early drilling at its Mutsk gold project in Armenia suggests the potential for new gold zones and extensions to the existing gold zone.
Zoopla (LON:ZPLA) up 4.2%.The online house marketplace was upgraded by Exane to a 'neutral' rating from 'underperform' and Investec, which hiked its recommendation to 'hold' from 'sell'.
FALLERS
88 Energy (LON:88E) down 6.4%. Alaska oil explorer 88 Energy (LON:88E) expects to resume drilling at its Icewine project after successful repairs to the drawworks.
Patisserie Holdings (LON:CAKE) down 4.4%. The cake maker declared a maiden interim dividend after pre-tax profit soared 40% in the year to £14.6mln, though this was not received as warmly by investors as expected.
Below are the main news-driven share price movements at 1pm.
RISERS
Beowulf (LON:BEM) up 20.5%. Losses narrowed to £1.1mln from £2.1mln in the first half of the year, as the company said it has written to the government of Sweden asking for an update on the progress and timing of a decision on its exploration concession.
Volex (LON:VLX) up 4.7%. Non-executive directors have reviewed the composition of the board and have determined that the role of chairman and chief executive should be combined into an executive chairman position. Nathaniel Rothschild has been appointed to this position with immediate effect.
Pennon Group (LON:PNN) up 3.5%. The company said its profit and earnings both gained in the first half thanks to a better-than-expected contribution from Bournemouth Water. Pre-tax profit for the first half rose to £106.mln, from £100mln a year earlier as it hiked its interim dividend and said it was on track for the rest of the year.
FALLERS
Asiamet Resources (LON:ARS) down 7.1%. First half financials reflected a business in the mine development phase. Asiamet posted a US$6.6mln loss for the nine months ended September, of which US$3.8mln was the result of an impairment to one of its assets.
Adams (LON:ADA) down 6.9%. The technology and life sciences investment company invested €242,000 in the first half in two AIM-listed technology companies, and said it is maintaining a selective approach to investing given uncertainty in markets
Baron Oil (LON:BOIL) down 6.25%. Customs delays meant its onshore project in Peru has only just kicked-off. The work had to be pushed back due to local approval delays and equipment being held up customs.
Below are the main news-driven share price movements at 9.30am.
RISERS
Infrastrata (LON:INFA) up 10.5%. The company has completed the 2015 work programme at its Islandmagee gas storage project and is now looking to bring in investors to the project.
Igas Energy (LON:IGAS) up 7.25%. The government will have the final say on whether to allow fracking in Lancashire, it emerged today. Fracking was initially denied by the local authorities but an appeal by energy firm Cuadrilla will now be overseen by the government directly.
Lms Capital (LON:LMS) up 5.9%. The company has announced its intention to buy back almost 30% of its shares returning some £40mln to shareholders through a tender offer. It is the fourth tender offer since November 2011 and will mean the total returned to shareholders stands at £155mln if approved.
FALLERS
React Energy (LON:REAC) down 30%. The company’s shares began trading again on AIM today as it exited an examinership process used in Irish law to rescue a struggling but potentially viable company.
Anglesey Mining (LON:AYM) down 25%. The company remains upbeat on the chances of a recovery within the resources sector but warned its short and medium-term outlook remains “somewhat unclear”.
Aortech International (LON:AOR down 12%. Trading in the first half of the year was in line with the board’s expectations with higher underlying earnings. The company remains loss-making at an operational level, however.