Below are some of the main news-driven share price changes today.
RISERS
Kimberly Enterprises NV (LON:KBE), up 9.5%. The property developer has received from the Municipality of Belgrade a unilateral termination of the lease agreement over the Marina Dorcol Project in Belgrade, Serbia.
Morgan Advanced Materials PLC (LON:MGAM), up 8.8%. Half-year results were not as bad as feared for the tech company, which said the new strategy unveiled in February is on track.
Metro Bank PLC (LON:MTRO), up 7.5%. The market also liked the interims from challenger bank Metro, with the underlying loss before tax narrowing to £4.1mln from £7.6mln in the first half of last year.
FALLERS
Xcite Energy Limited (LON:XEL), down 19%. All resolutions were passed at today’s shareholder meeting.
TechFinancials Inc (LON:TECH), down 8.7%. The company is considering taking legal action against (now former) joint venture partner IBID after the Hong Kong company failed to stump up the initial investment for their joint enterprise.
LMS Capital PLC (LON:LMS), down 5.4%. The company announced a proposed change to its investment policy and to return up to £6 million to shareholders through a tender offer.
Below are some of the main news-driven share price changes at 12.45pm.
RISERS
ITV PLC (LON:ITV), up 9.5%. The broadcaster announced £25mln of cost cuts.
Brewin Dolphin Holdings PLC (LON:BRW), up 8.6%. Total funds under management increased by 2.1% in the second quarter.
Norcros PLC (LON:NXR), up 8.0%. Overall trading for the first quarter of the new financial year was in line with the board's expectations.
FALLERS
Cenkos Securities PLC (LON:CNKS), down 7.5%. The company revealed it is being investigated by the City watchdog, the FCA, in relation to its work advising Quindell, which is now known as Watchstone Group.
Minoan Group plc (LON:MIN), down 6.2%. The company has issued 3mln shares to settle “certain existing liabilities”.
Metminco Limited (LON:MNC), down 6.1%. Chairman Tim Read is reducing his business commitments and has quit the board of Metminco.
Below are some of the main news-driven share price changes at 9.15am.
RISERS
W Resources PLC (LON:WRES), up 12%. Tungsten miner W Resources PLC (LON:WRES) kicked off its La Parrilla ambitions in Spain with a blast literally yesterday - opening up accessible ore to be mined.
Eurasia Mining plc (LON:EUA), up 9.5%. Eurasia Mining is close to production at West Kytlim in Russia, with the wash-plant set to be commissioned in the next two-to-three weeks.
Rightmove PLC (LON:RMV), up 8.9%. The property listings web site pleased the market and settled some doubts with its trading update. Publicity-shy Russ Mould, investment director of AJ Bell, said: “The continuation of strong monthly revenue trends in the first half of the year into July highlights the resilience of its business model. Estate agents struggling to shift homes following the Brexit vote will no doubt spend more on marketing to get a sale over the line. This plays straight into Rightmove’s hands as the market leader for property advertisements.”
FALLERS
Forte Energy NL (LON:FTE), down 11.8%. The company has issued 2.3mln shares to Darwin Capital through its standby equity distribution agreement.
Advanced Oncotherapy PLC (LON:AVO), down 9.6%. The company has issued 2mln new shares to PI-Capital after the latter converted warrants at 27.5p per share.
Flybe Group PLC (LON:FLYB), down 8.3%. The group said it had made a solid start to the new financial year but the market begged to differ.