Having spent the bulk of the day underwater, London’s AIM index rallied into the close following a positive start on Wall Street. At 3.45pm the junior market was around one and a half points higher at 835.97.
- Petro Matad +28%
- Invinity Energy +21%
- Mycelx +18%
- Agriterra -25%
- Trafalgar Properties -18%
Petro Matad [LON:MATD] was the day’s biggest riser at 3.45pm, up some 25%. This continues the run higher that started in the wake of the company’s operational update at the start of the week, although some are suggesting that without further updates, it could prove difficult to sustain the momentum.
The Invinity Energy [LON:IES] share price moved back towards three month highs today, with the company coming in as the second biggest riser, up 21% at copy time. Volumes were a little upbeat and a recent investor webinar seems to have been bolstering support.]
The notable mention goes to Mycelx [LON:MYX ] which was 18% aheat at 3.45pm. This morning’s trading update appears to have settled the ship somewhat, although detail admittedly remains a bit lacking,
Agriterra [LON:AGTA] was the biggest faller, off 25% at 3.45pm. The company held its AGM yesterday and whilst there were no curve balls in the outcome, investors appeared to take this as a signal to push the stock to new lows.
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Trafalgar Properties [LON:TRAF] also had a tough day, off 18% at copy time. However this looks like profit taking exercise given recent gains for the stock.