Main share price risers and fallers in London at 16.15pm
RISERS
88 Energy (LON:88E), up 26% to 3.77p. The Alaska focused explorer confirmed the issue of news shares. The fact the oil prices hold above $40 and 88 Energy’s apparent shale success are, however, the more likely impetus for the continued strength for the share - which is up.
PPHE Hotels (LON:PPH) up 11% to 720p. Revenues in 2015 increased to 12% to €303mln while underlying profits rose 26% to €41.2mln.
First Quantum (LON:FQM) up 9% to 349p. Miner has agreed to sell is Kevitsa nickel/platinum mine in Finland for US$712mln.
FALLERS
Origo Partners PLC (LON:down 35% to 0.28p. Court proceedings continue after Brooks Macdonald Asset Management filed a claim to wind up the closed-end investment company.
Regency Mines (LON:RGM), down 26% to 0.62p. The miner-cum-oil-explorer announced a £400,000 share placing, priced at 0.6p, with the new funds earmarked for the Horse Hill oil project, near Gatwick airport.
Glenwick PLC (LON:GWIK) down 5% to 0.13p. Continues decline after sale of German property interests.
Main share price risers and fallers in London at 13.15pm
RISERS
Zincox Resources PLC (LON:ZOX) up 31% to 1.08p. Heavy buys in zinc recycler through a Charles Stanley nominee account, which now has an 8.3% stake.
CloudTag PLC (LON:CTAG) up 27% to 2.67p. More gains for the wearables specialist, where the rise is almost 75% since the February low. Its CloudTag Track product was unveiled in January and uses grade ECG (Electrocardiography) technology, for accurate assessments of heart rate and energy expenditure.
Sareum Holdings Plc (LON:SAR) up 24% to 0.67p. Specialist cancer drug developer says no reason it is aware of for rise today.
FALLERS
Imaginatik (LON:IMTK) down 10% to 2.25p. Profit taking after yesterday’s trading update that showed bookings were strong in final quarter of 2015.
Alba Minerals Resources PLC (LON:ALBA) down 5% to 0.389p. Horse Hill consortium members under pressure again after flow test result yesterday.
Morrison W Supermarkets PLC (LON:MRW) down 2.5% to 197.2p. Like-for-like sales excluding fuel and VAT in the year to January 31 fell 2%. Total turnover dropped 4.1% to £16.1bn.
Main share price risers and fallers in London at 09.45am
RISERS
Cambria Africa (LON:CMB) up 18% to 0.65p. Subsidiary Payserv Africa wins arbitration case relating to 51% stake in Tradanet, which chipped in US$303,000 in earnings in year to last August.
Metal Tiger (LON:MTR) up 12% to 1.39p. More directors’ buys. This time Paul Johnson, chief executive, buys 250,000 shares at 1.28p following chairman’s option exercise yesterday.
Amec Foster Wheeler PLC (LON:AMFW) up 9% to 510p. Engineering giant’s full year results please. Loss after one-off costs but underlying profits improve and orders pick up.
FALLERS
SKIL Logistics (LON:SPL) down 11% to 68p. Port and logistics project in Navi Mumbai, India, will now become operational in December after delay to design of piling gantry.
Sprue Aegis (LON:SPRP) down 10% to 263.9p. Change in terms with smoke alarm supplier will mean £8.3mln operating profit this year to December, slightly below previous expectations.
Ferrexpo PLC (LON:FXPO) down 12% to 34p. Profits slide by 90% as price slump hits Ukraine–based iron pellet manufacturer hard. Production in 2015 was a record.