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The Markets
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The Markets
by Proactive
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Archive

Risers & fallers: Avanti Communications, San Leon Energy, Osirium Technologies, Bellzone Mining, Alexander Mining

Here we put the spotlight on Friday's market movers

Below are some of the main news-driven share price changes at 11am

Risers

Avanti Communications Plc (LON:AVN), up 12% to 39.5p. The stock that rose earlier this month on takeover talk was rising again on Friday.

Industrial Multi Property Trust (LON:IMPT), up 12% to 175p. Interim results revealed a rise in asset value, narrowing losses and better occupancy.

Osirium Technologies Plc (LON:OSI), up 12% to 193.5p. The cyber security firm landed a contract to provide an asset management group with its full suite of products for some 3,000 devices. It is a three year deal that will add a material financial contribution in 2016, it said.

Fallers

Ferrum Crescent Ltd (LON:FCR), down 7.5% to 0.25p. The mining sector junior announced an issue of equity from the exercise of options – 44.6mln shares with trigger price of 0.165p – which follow on from a share placing executed earlier this year.

North River Resources Plc (LON:NRRP), down 6.9% to 13.5p. It releases a project update on its operations at the Namib lead & zinc asset, in Namibia.

Bellzone Mining Plc (LON:BZM), down 6.5% to 0.215p. The mining sector junior gave back some of Thursday’s gains, which were triggered by a positive update on the group’s ferronickel study results.

Below are some of the main news-driven share price changes at 9:00am

Risers

San Leon Energy Plc (LON:SLE), up 67% to 48.5p. The oiler’s shares resumed trading after a near eight month suspension on AIM. It comes as the group unveiled details of a £170mln share placing which takes it closer to sealing its long awaited Nigerian oil acquisition.

Alexander Mining Plc (LON:AXM), up 25% to 0.22p. The mining sector junior added to gains from Thursday, when the group announced a licence agreement with Accudo Metals for projects in Australia.

One Media IP Group Plc (LON:OMIP), up 17% to 3.5p. Investor eyes are seemingly smiling on the media group which on Wednesday announced a deal to acquire 1,100 Irish folk and Celtic music original recordings – it comes after eight years of marketing the songs on a shared royalty basis.

Fallers

AstraZeneca Plc (LON:AZN), down 1.3% to 4,943p. Share price weakness among drug makers continued through Friday, amid caution following renewed scrutiny from US presidential candidate Hillary Clinton this week.

Concurrent Technologies Plc (LON:CNC), down 4% to 62p. The outlook statement in Friday’s interim results reads positively enough, though the figures themselves seemingly showed a flat performance.

Strategic Minerals PLC (LON:SML), down 9% to 0.24p. The move lower follows the release of a quarterly update on Thursday afternoon.

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