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Home » UK Shares » AIM Risers and Fallers » AIM round-up: IG Design, Caspian Sunrise, ItaConix

London’s AIM Index made good progress in early trade, adding around eight points by 3pm.

  • IG Design Group +24%
  • Caspian Sunrise +16%
  • ItaConix +14%
  • Clontarf Energy -71%
  • Trafalgar Property Group -27%

IG Design [LON:IGR] topped the board, advancing 24% off the back of news of a funding extension.

Caspian Sunrise [LON:CASP] also fared well, up 16% following an operational update. Arguably this has helped placate investor fears over Russian exposure. See our analysis from last week.

ItaConix [LON:ITX] gets the notable mention, 14% higher at 3pm. That said, volumes have been thin and there’s little to justify the move beyond some buying support

Clontarf Energy [LON:CLON] was the day’s laggard, off by 71% at 3pm. Results of both an AGM and a drilling update were provided this morning and the latter was arguably the most disappointing with an advisory that “no commercial hydrocarbons were found”

Trafalgar Property Group [LON:TRAF] also struggled, down some 27% at copy time. Shares rallied hard around a month ago before seeing momentum abate somewhat. Today’s move – which isn’t backed by any formal news – leaves the stock trading back at those late April levels.

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This article is not investment advice. Investors should do their own research or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

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