The AIM All Share gave back some of the recent gains on Thursday as may markets pause for breath ahead of the next tariff update. The Index was trading down seven points at 3.30pm.
- Caledonian Holdings +42%
- Getech +21%
- Rome Resources +18%
- RWS -41%
- Somero Enterprises -18%
Caledonian Holdings [LON:CHP] was 42% higher on the day. The stock has seen some heavy trading In recent days following refinancing moves. There’s nothing more than this in evidence.
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Getech Group LON:GTC was 21% higher on the day. Trade was brisk but the spread is significant. There’s no further formal news in play however, but is risk on sentiment encouraging trade here?
Rome Resources [LON:RMR] gets the notable mention, up 18%. An operations update highlighted that the recent suspension of mining in the DRC is set to be remobilised in the next 10 days.
RWS Holdings LON:RWS was 41% lower in the wake of a trading statement. Adjusted profit before tax performance in the first half has been impacted by several non-trading items and consequently, the Group expects to deliver adjusted PBT of approximately £17m in the first half against a comparative of £46m.
Somero Enterprises LON:SOM was down 18% on the day, again with a trading update in play. Economic uncertainty and a lack of clarity around the timing of project starts or resumptions was cited are impacting capital investment decisions, so a result, trading in Q1 was weaker than expected.