Hopes that an end to the US government shut down may be nearing have been sufficient to cheer stocks on both sides of the Atlantic, with the AIM All Share getting swept along, too. By 3pm, the junior index was more than 10 points higher at 759.36.
- RentGuarantor +20%
- Medpal AI +14%
- Cap-XX +11%
- Buccaneer Energy -33%
- Eqtec -28%
RentGuarantor [LON:RGG] was the biggest riser by our early copy time of 3pm, up 20%. This goes some way to reversing the sell-off seen last week after the company launched a funding round, but demand for the company’s stock appears brisk and an accompanying annopuncement this morning regarding a corporate action seems to have bolstered support.
- AIM Market Roundup: Future Metals, Renalytix, Nativo Resources
- UK Stock Market News: RentGuarantor, Tekcapital, Light Science Technologies
Medpal AI [LON:MPAL] was in second place, trading 14% higher following news that the company had signed a deal with the NHS, along with an operational update. There’s not much else here in terms of detail, but it’s piqued the interest of investors and helped revese the down trend that has been developing in recent weeks.
Cap-XX LON:CPX was 11% up to take the notable mention. This coincides with news that CEO Dr Graham Cooley has extended his holding, which now stands at 10.41%, and that confidence from management seems to be rubbing off, again recouping some of the losses from late last week following the publication of full year results.
Buccaneer Energy [LON:BUCE] was 33% lower at the time of writing. The company announced drill results this morning which management deemed “disappointing”, especially given this target was considered to be low risk.
Eqtec LON:EQT was in second to last place, down 28%. This is another leg lower for the stock following the news on Friday night of a conversion notice, extending the losses seen a couple of weeks back when a boardroom reshuffle and other corporate changes were announced. The stock is down 60% since late October.
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