London’s AIM All Share had another down day although managed to recover some lost ground in the latter part of the session after Wall Street welcomed the higher than expected US GDP print. The Index closed off just over three points at 773.43.
- Inspiration Healthcare +21%
- Aptamer Group +20%
- UK Oil & Gas +20%
- Judges Scientific -18%
- Mothercare -17%
Inspiration Healthcare LON:IHC was leading the table at the close, up 21%. That was off the back of news that the company has now signed a $4.3m contract. The deal had previously been expected to complete in the previous financial year and agreement here makes for the largest single order of the SLE6000 neonatal ventilator ever placed.
Aptamer Group LON:APTA was 20% ahead at the bell with the stock showing signs of a rebound after yesterday’s losses off the back of a discounted funding round.
UK Oil & Gas LON:UKOG gets the notable mention, also 20% higher having announced this morning that a convertible loan note has been fully repaid, leaving the company in a debt free position. Trading in the stock was notably elevated from recent levels.
Judges Scientific LON:JDG was the biggest faller, off 18%. The company issued a half year trading update which highlighted subdued market conditions, driving organic order intake down by around 4% YoY. Whilst some improvement is expected in the second half, the board no longer expects to achieve full year expectations, with EPS set to land 5-10% below consensus.
Mothercare LON:MTC was in second to last place. Order flow has been very limited with just a handful of trades recorded but the share price has been under pressure for the last few days. Is news imminent? Last year FY results were scheduled for late July although weren’t published until September. The Mothercare share price is down 17% on the day.
