Aim stocks slide but evade the Footsie carnage
While the FTSE 100 finished at 6,186, down 56 points, shares on London's junior market fared somewhat better.
Company
Petro Matad Limited
LON:MATD
Petro Matad Limited is focused on oil exploration as well as future development and production in Mongolia. The company holds a 100% working interest and the operatorship of two Production Sharing Contracts with the Government of Mongolia. Block XX has an area of 218 square kilometres in the far eastern part of Mongolia and Block V has an area of 7,937 square kilometres in the central-western part of the country.
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Small caps outpace FTSE100 at lunch; Rose Petroleum big riser
Contrary to what the spreadbetters foresaw, Footsie was well down at lunch but small caps were rising higher.
Risers & fallers: BT, Premier African, Anglo-American
Main share price risers and fallers in London at 9.30am
Investments and investor services
Proactive news summary: Alexander Nubia, Dragon Oil, Eland, Golden Saint, Kincora, Petro Matad....
Mongolia is in focus today ... and it is not often you can say that
Investments and investor services
Footsie in wait-and-see mode ahead of US jobs report
The US jobs report could give a pointer to when the starting pistol will be fired on the cycle of interest rate rises
Archive
FTSE 100 eases lower ahead of US employment data
Footsie was twelve points lower at 6,735 aged of non-farm payrolls.
Petro Matad prepares for airborne programme in Mongolia
It is designed to unearth targets for future exploratiion drilling
FTSE fades after US jobs data
The top-share index saw the week's gains roughly halved
Archive
Risers & Fallers, including Rambler, Petro Matad, PeerTV , Strategic Minerals , Optibiotix and more
Rambler Metals rose after it completed its pre-feasibility study.
Petro Matad unveils changes at the top
Petro Matad shares nudged higher as it named two new roles....
Investments and investor services
Proactive news summary: Gemfields, Savannah, ReNeuron, Rambler, Stride, Sierra Rutile and more
It was a busy day in the world of small caps with a lot of companies taming up.
Petro Matad gets cash injection from BG
BG has now received 78% of Blocks IV and V in Mongolia