London’s AIM All Share tacked on a third consecutive day of gains, even managing to eclipse the main board, although lagging peers on the continent. The junior index was up around three points by the bell at 762.83.
- Quantum Blockchain +19%
- Empyrean Energy +175%
- Volex +13%
- Wellnex Life -16%
- Anglesey Mining -14%
Quantum Blockchain LON:QBT was 19% higher on the day, with the move following this morning’s news that the company had developed a new software-only mining protocol. Previously this needed the accompanying hardware, but the development appears to improve hashing rates by 10%.
Empyrean Energy LON:EME was in second place, trading 15% higher. That extends the meaningful gains posted on Tuesday following the update regarding a comparatively small stake the company has in an Indonesian gas field.
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Volex LON:VLX takes the notable mention, up 13% with interim results having been issued this morning. The company posted a strong first half performance with data centre sales proving instrumental, whilst margins were maintained at the upper end of forecasts.
Wellnex Life [LON:WNX] was 16% lower. There were however few trades recorded on the day and this is a relatively inactive stock, although the share price trajectory has been distinctly one-way since joining AIM in March.
Anglesey Mining LON:AYM was 14% lower, but again volumes were unremarkable and the move was within the quoted spread. This continues to reverse the gains posted last week.
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