Main share price risers and fallers in London at 4pm
RISERS
Anglo African Ag PLC (LON:AAAP) up 36% to 1.52p. Company is to triple capacity at its spices manufacturing facility in South Africa.
JPMorgan Income & Growth IT PLC (LON:JIGC) up 27% to 4.75p. Investment trust storms ahead as FTSE 100 nears all time record high of 7,135.
Fox Marble Holdings PLC (LON:FOX) up 5% to 10.8p. Quarry group is part of €100mln initiative to develop Kosovo’s marble extraction industry.
FALLERS
Quantum Pharma PLC (LON:QP.) down 47% to 37p. A shock profit warning by drug manufacturer as sales struggle to meet previous expectations. The loss making NuPharm is to be sold.
Digital Globe Services Ltd (LON:DGS) down 16% to 38.4p. Record revenues for the digital marketing group but margins are being squeezed as underlying profits dipped. A recovery is expected next year following the investment over the past twelve months.
Stanley Gibbons Group PLC (LON:SGI) down 4% to 10.7p. New non-exec board appointment just reminds investors of yesterday’s very poor trading update.
Main share price risers and fallers in London at 2pm
RISERS
Summit Therapeutics PLC (LON:SUMM) up 88% to 245.6p. Drug developer agrees US$522mln collaboration with DMD peer Sarepta. The UK drug developer gets an immediate US$40mln and US$22mln when the last patient in the company’s phase II trial is dosed.
Trifast PLC (LON:TRI) up 9% to 170p. Trading on track and distributor said the pound’s weakness had given it a currency kicker.
Finnaust PLC (LON:FAM) up 5% to 7.38p. Metallurgical work on ore at Pituffik titanium project in Greenland has made advances in optimising the processes required to produce an ilmenite concentrate.
FALLERS
Powerhouse Energy PLC (LON:PHE) down 7% to 0.79p. New video showcasing its waste conversion technology does not have desired effect on investors.
Plutus PowerGen PLC (LON:PPG) down 2.5% to 1.48p. Company arranges a £3mln loan with RBS for five years and is taken for one of its indirect investment companies.
Main share price risers and fallers in London at 9.30am
Milestone Group PLC (LON:MSG) up 19% to 1.19p. Company has signed a co-operation agreement with the Social Stock Exchange, which currently has 44 companies on its books.
St Ives Group PLC (LON:SIV) up 6% to 145p. Statutory full year loss of £5.7mln for the printer but dividend is held trading across Strategic marketing segment has stabilised.
Venn Life Sciences PLC (LON:VENN) up 4% to 23p. Compnany is hiving off its skin sciences arm Innovenn in a deal that values the business at £4.7mln and paves the way for an AIM float.