London’s AIM All Share finished with a flourish after weaker than expected US retail sales data bolstered sentiment, driving the index into positive territory late session and closing up one and a half points at 787.04.
- Landore Resources +28%
- Bowleven +25%
- Destiny Pharma +23%
- Chaarat Gold -64%
- TruFin -35%
Landore Resources LON:LND topped the board at the bell, up 28%. That’s off the back of more stake-building news in the company and the gains come even after the earlier holding notification was revised back somewhat.
Bowleven LON:BLVN was also in favour, adding 25% by the bell. However this is a thinly traded stock and the move was within the quoted spread.
Chaarat Gold LON:CGH is at the foot of the board, down some 64%. The company this morning announced a series of corporate actions including recapitalising the company and cancelling its listing, with management noting this is the only viable option.
TruFin LON:TRU was in second to last place after Lloyds Bank LON:LLOY announced it would be terminating its contract with subsidiary Satago. This is just one of the three businesses operated by TruFin and the board believe that they remain on track for both the FY24 performance and also EBITDA profitability to be realised this year.
Destiny Pharma LON:DEST added 23% to take the notable mention, rebounding to an extent off the back of yesterday’s marked losses after the company announced its intention to delist and move to the JP Jenkins matched bargain platform.
