So global equity markets dodged a bullet last night after Nvidia’s numbers offered no cause for concern, but the bounce delivered to London markets was but a fraction of what was seen stateside. The AIM All Share was trading up just over one and a half points by the close at 742.26.
- Great Western Mining +15%
- Litigation Capital Management +14%
- Poolbeg Pharma +10%
- Slingsby -52%
- The Artisanal Spirits Company -20%
Litigation Capital Management LON:LIT added 14% on the day. There’s no formal news here but volumes were meaningfully higher than we’ve seen in recent weeks, so could news be incoming ahead of next week’s rescheduled AGM which was delayed awaiting finalisation of a strategic review.
Great Western Mining LON:GWMO was 13% ahead at the bell while Poolbeg Pharma LON:POLB shares rose 10%.
- AIM Market Roundup: Trellus Health, Great Western Mining, EMV Capital
- AIM Market Roundup: Angle, Coyngar, Light Science Technologies
Slingsby LON:SLNG, the company behind the eponymous loft ladder, is the day’s biggest faller off some 52%. A note to the market this morning advised that management were seeking to cancel the company’s AIM listing and 73% of shareholders were already behind the move.
The Artisanal Spirits Company LON:ART saw shares trading down 20% following news that the US government shut down had caused a significant delay in shipments. Whilst this is a phasing matter and doesn’t reflect underlying sales, the market was looking underwhelmed although the move isn’t much more than the quoted spread in late trade.
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