London’s AIM All Share Index is moving ever closer towards that psychologically significant 700 level although today’s gains of just over half a point mean achieving this could still be some distance away. The index closed at 694.84.
- Thruvision +111%
- Priority Intelligence +36%
- Oracle Power +9%
- Trackm8 -42%
- 4Global -25%
Thruvision LON:THRU topped the board, adding 111% on the day. We’ve flagged this stock a few times of late – again there’s no news out today but interest has been notably elevated. However these gains still leave the share price below levels seen at the start of last week.
- AIM Market Roundup: CMO, Tungsten West, Rockfire
- AIM Market Roundup: GCM Resources, Deltic Energy, Solid State
Priority Intelligence [LON:PR1] was up a further 36% on the day, extending the rally that kicked off yesterday following news that the company would be developing an AI-powered information hub with Leukaemia Care. The contract highlights the adaptability of the company’s solution.
A notable mention for Oracle Power LON:ORCP, up 9% on the day. The company released assay results this morning from its Northern Zone gold project in Western Australia, management noted that the results exceeded expectations.
- UK Stock Market News: Character, BP and Oracle Power
- AIM Market Roundup: Celadon Pharma, Oracle Power, Volex
A trading update from data insight provider Trackm8 LON:TRAK highlighted that contrary to the board’s expectations, an optimisation contract that had been expected to conclude this financial year will not now be forthcoming. As a result of this and broader poor conditions, the Board now expects revenues for FY 2025 to be just under ten per cent. lower than that those reported for the financial year, with a consequential impact on profitability. Shares closed down 42%
4Global LON:4GBL was 25% lower at the bell, again with a trading update in play. A strategic transition has pushed certain contracts into the next financial year, whilst debts associated with contracts in the Middle East are also now being written off. The working capital position is however expected to improve from here.
