With a dovish global outlook in terms of interest rates and the geopolitical scene looking a little quieter than we saw earlier in the week, investors have been backing equities, with the AIM All Share enjoying some of the upside here, too. It may be lagging the main board by the index had added almost four points by 3pm, trading at 765.9.
- Quantum Blockchain +34%
- Seeen +29%
- Earnz +15%
- 80 Mile -21%
- Empresaria -21%
Quantum Blockchain LON:QBT was trading 34% higher at copy time. There’s no news here to support the rally but digital asset valuations have been gaining of late. The move reverses losses seen for the stock over the last couple of weeks.
Seeen LON:SEEN was 29% higher on the day. That follows the company posting accounts after a six week delay and in turn seeing its listing resume. Whilst the delay allowed previous accounting errors to be corrected these were of limited impact and strong revenue growth has been reported in H1.
Earnz [LON:EARN] gets the notable mention, up 15% with this morning’s interim results helping although it was arguably news of a successful placing taking place at a premium to the current share price that drove the most interest.
80 Mile [LON:80M] had fallen 21% on the day by the time of writing, giving back some of yesterday’s bumper gains on that JV valuation news. There could yet be more to see on the upside here.
Empresaria LON:EMR was 21% lower on the day, but trade has been lumpy and few orders have been booked. There’s nothing to report here – at least not yet.
