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Home » UK Shares » AIM Risers and Fallers » AIM round-up: 4D Pharma, TPXImpact, Tasty

Wednesday was another benign day for London’s AIM index, with the market shedding two and a half points on the day to close at 1035.04.

  • 4D Pharma +25%
  • TPXImpact +22%
  • Tasty +10%
  • Catenae Innovation -44%
  • Beowulf Mining -23%

4D Pharma [LON:DDDD] topped the board, advancing 25% by the close. The company this morning posted a set of positive interim trial results which have been well received by investors and resulted in an exceptionally high volume of trades being placed

TPXImpact [LON:TPX] also fared well, adding 22% in the wake of news that two strategic acquisitions had been made by the company. A trading update was also offered, putting the full year run rate at £100m worth of revenue, some 10% ahead of market expectations.

A notable mention for Tasty [LON:TAST], the casual dining group which issued results this morning. Despite a reasonable list of headwinds, shares in the stock advanced 10% by the bell, although the stock was thinly traded and did close on a 20% spread.

Shares in Catenae Innovation [LON:CTEA] slumped today, falling 44% by the bell off the back of news that owing to a delay in filing its accounts, shares in the company will be suspended from 1st April. Expectations are that the accounts will be available to submit by the end of the month but the situation is further complicated by an ongoing dispute with some shareholders of a company it is in the process of acquiring.

Beowulf Mining [LON:BEM] also struggled on the day, declining 23% and reversing most of yesterday’s gains as a result. There’s no news out following that concession award which was published on Tuesday however, suggesting some short term profit taking in play.

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This article is not investment advice. Investors should do their own research or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

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