Thursday has seen another modest session of gains for the AIM All Share index and whilst the uptick has been less than a point, the fact we’re seeing some consistent upward momentum feels worth celebrating.
- Belluscura +29%
- Kore Potash +27%
- Nexus Infrastructure +24%
- MC Mining -19%
- Libertine Holdings -17%
Belluscura LON:BELL topped the board, adding 29% on the day. There’s no news here but momentum is building and most of the losses accrued off the back of April’s trading update have now been recouped.
Kore Potash LON:KP2 was in second place, again with good momentum having been building during the week. A couple of days ago the company started a secondary listing on the independent A2X exchange in South Africa and that appears to be lending a degree of support.
Nexus Infrastructure LON:NEXS gets the notable mention, up 24% on the day. Interim results this morning were clearly well received as despite headline figures deteriorating, a marked improvement was seen in both the order book and margin performance.
- Small Cap Stocks: UKRProduct, Braveheart, Microlise
- Small Cap Stocks: Indus Gas, Futura Medical, Jersey Oil & Gas
- Small Cap Stocks: Braveheart Investments, Chaarat Gold
Throwing a bonus mention in for Braveheart LON:BRH which yesterday took a beating after writing down two portfolio holdings to zero. As we noted, the sell off looked overdone on the basis there was longer term hope for these assets so today’s 18% uptick looks notable.
MC Mining [LON:MCM] was the day’s laggard, off 19%. There’s no news here and order flow was very limited with the sell-off sitting within the quoted spread.
Libertine Holdings LON:LIB was in second to last place, down 17% but again there’s nothing to see here in terms of orderflow.
