Major share price risers and fallers in London at 3.45pm
RISERS
Eclectic Bar Group PLC (LON:BAR) up 34% to 78.1p. Up after news Friday that company is to buy Brighton Pier. Executive chairman Luke Johnson will invest £2.5mln to take his stake to 23.8%.
European Metals Holdings Ltd (LON:EMH) up 28% to 15p. Lithium deposit owner says there is no reason for the significant share price increase today other than recent general market interest in the lithium sector and in ASX-listed lithium companies in particular.
Cranswick plc (LON:CWK) up 13% to 2,472p. Pork specialist diversifies and buys CCL Holdings Limited (Crown) and its 100% owned sUBSidiary Crown Chicken Limited from the Thacker family and management. The cash consideration was £40mln.
FALLERS
Oilex Ltd (LON:OEX) down 10% to 0.9p. Shares eased lower after big gains seen on Friday when gas production started from the Bhandut field in the in the Gujarat region of India.
Crest Nicholson PLC (LON:CRST) down 5% to 510p. Housebuilders in trouble across sector on reports London housing market is slowing down.
Rightmove (LON:RMV) down 4% to 3.979p. With housing stocks, estate agents under pressure on worries market may lose its some of its momentum.
Major share price risers and fallers in London at 12.45pm
RISERS
Orsu Metals PLC (LON:OSU) up 82% to 2.28p. Company has conditionally sold its 94.75% interest in the Karchiga copper project in Kazakhstan for US$7.75mln plus US$2mln deferred. Kogdai project has also been sold for nominal sum. AIM listing to be cancelled on 11 May.
Legendary Investments plc (LON:LEG) up 31% to 0.35p. Sampling at Sultan Sary prospect in Kyrgyzstan shows decent gold grades. Company owns 5.5%% of Manas, the company that owns the licence at Sultan Sary with an option over a further 4.45%.
Midapoint Pharma PLC (LON:MTPH) up 10% to 178p. Company launches anti-emetic Zuplenz in the US. Drug is aimed at people suffering from side effects of chemo and radiotherapy.
FALLERS
Immedia PLC (LON:IME) down 15% to 21.5p. Eases back after big gains on two contract wins last week - a contract extension with BT and a new one announced with unnamed user for sUBScription for its music service.
Galliford Try plc (LON:GFRD) down 6% to 1,321p. Housebuilders all under the cosh on talk of slowdown in housing sector.
Aggreko PLC (LON:AGK) down 3% to 1,010p. Company downgraded to ‘sell’ by UBS. Mobile power unit supplier needs new product line says broker as price competition is intensifying.
Major share price risers and fallers in London at 9.45am
RISERS
Iofina (LON:IOF) up 83% to 8.94p. Iodine output for the first quarter was 124.6 metric tonnes (MT). While down slightly on the same period in 2015, Iofina closed a plant which like-for-like production was ahead of last year.
Graphene Nanochem PLC (LON: GRPH) up 23% to 12p. Market loves today's news, which sees short term debt restructured into long and a positive update on first quarter trading.
Utilitywise plc (LON:UTW) up 7% to 172.8p. Company named a partner by the computing giant Dell. The relationship could ultimately enable the AIM-listed firm introduce intelligent devices that help a wider range of customers save money on their utility bills.
FALLERS
Plaza Centers (LON:PLAZ) down 20% to 1.39p. Profit taking after Friday’s agreement to sell its development land in Piraeus near Athens for €4.7mln. Plot is adjacent to Europe’s largest passenger port.
Strat Aero (LON:AERO) down 8% to 1.5p. Company continues to struggle after chief executive’s departure while legal against boss of recent acquisition spooks investors.
Cdialogues (LON:CDOG) down 7% to 38p.Profits in 2015 slide to €1mln from €2.6mln while revenues dip to €8.7mln. Revenues from existing clients to decline further over this year.