Very much a sideways session for the AIM All Share index which found little to cheer but managed to finish just over a point higher at 719.31.
- Nostra Terra +37%
- Tialis Essential +23%
- Tekmar +21%
- Enteq -23%
- Fiinu -16%
Nostra Terra LON:NTOG was the biggest riser on AIM today, up 37%. That gain tallied with a stake building announcement which was made mid-session after premier Miton upped its holding from 12% to 15%.
- Small Cap Stocks: Vela Technologies, Caspian Sun, Nostra Terra
- Small Cap Stocks: Creo Medical, Nostra Terra, Proton Motor Power
Tialis Essential [LON:TIA] was 23% ahead at the bell, following this morning’s news of contract wins and extensions. Deals worth almost £18m have been struck, providing valuable forward visibility as a result.
Tekmar LON:TGP was 21% higher to take the notable mention, with investors responding well to news of a presentation including an introduction to the new CEO via the Investor Meet Company platform next week. Today’s rebound does come off the back of protracted selling since the Autumn.
Enteq LON:NTQ was the biggest faller, off 23%, reversing most of yesterday’s bounce in the wake of news that a formal sale process had been initiated. Investor posturing and deciding if they want to try and ride this out has the potential to elevate volatility in the days and weeks ahead.
- AIM Market Roundup: Blue Star Capital, Enteq, Fiinu
- Small Cap Stocks: Ovoca Bio, Proton Motors, Enteq
Fiinu LON:BANK the fintech play saw its shares close modestly lower on the day, down 16% but that’s a big reversal on the gains posted this morning. The company continues to bask in the stellar move higher after last week’s announcement of a contract win with a UK bank, but today’s range – from highs of 14p to close at under 9p – is notable.