skip to Main Content
Get your free newsletter: Actionable insight each morning for self-directed investors. 
Home » UK Shares » AIM Risers and Fallers » AIM round-up: Knights Group, Great Western Mining, Begbies Traynor

Around 3pm and London’s ISM index is sitting eight points down on the day, off session lows but joining global markets in something of a rout, finding itself at 944.70.

  • Knights Group +45%
  • Great Western Mining +19%
  • Begbies Traynor +9%
  • Argos Resources -18%
  • Sensyne Heath -18%

Knights Group [LON:KGH] is sitting at the top of the board, up 31% following news that it has acquired a law firm in what the market is evidently seeing as a good deal. The move is expected to be immediately earnings enhancing and will deliver a pre-tax profit margin of 16% after integration.

Great Western Mining [LON:GWMO] advanced 21% off the back of a market update this morning. The company announced the start of its 2022 mining campaign and that was sufficient to send the share higher in admittedly lumpy trade.

A notable mention for Begbies Traynor [LON:BEG], the insolvency specialists who perhaps inevitably stand to benefit off recession fears. That, along with the improved position off the back of acquisitions was reinforced in this morning’s year-end trading update, leaving shares 9% higher approaching the close.

Argos Resources [LON:ARG] was the day’s laggard at copy time, off some 18% . Trade in the £5m market cap company was however rather limited and the loss was within the spread being quoted heading towards the close. Nothing to see here for now?

Sensyne Health [LON:SENS] has also been under pressure today, shedding 18% with last night’s AGM notice evidently weighing on sentiment. There appears to be a risk that investors are left trapped between a proverbial rock and a hard place here, but there’s no denying this stock has had a gruelling year to date…

Related

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.

Stocks in Focus

Here are some of the smaller companies we follow most closely. They represent significant growth stories in our view. Our in-depth reports detail why we like them.

Comments

Subscribe for more stories like this, 8am weekdays - for free!


Get your free daily newsletter: 

Thanks to our Partners

Our partners are established, regulated businesses and we are grateful for their support.

Pepperstone
FP Markets
IG
Spreadex
WisdomTree
ActivTrades
Back To Top