No real signs of an exuberant Trump rally, but London’s AIM All Share Index was sitting almost four points higher by midday at 740.1
- UKRProduct +33%
- Braveheart +13%
- Microlise +10%
- Surface Transforms -31%
- Alba Minerals -30%
UKRProduct LON:UKR was at the top of the board by midday, with some bumper gains admittedly off the back of limited orderflow. The Ukrainian exporter by many accounts would be due a recovery rally if the war was to end, something that Donald Trump has committed to resolving in a day should he win the race for the White House. With that now in the bag, this stock has made gains but volumes are incredibly thin and the spread is significant. It remains a trade worth watching, however.
Braveheart LON:BRH was in second place, 13% ahead. However again there’s no news, volumes are thin and the spread is very wide.
Microlise LON:SAAS was 10% ahead, taking the notable mention after providing an update on a cybersecurity incident the business first called last week. Critically management note that they still believe the incident won’t have a material effect on their financial position.
- AIM Market Roundup: Staffline, Vast Resources, Orosur Mining
- AIM Market Roundup: Microlise, Block Energy, ImmuPharma
- Small Cap Stocks: Surface Transforms, Orcadian Energy, Tan Delta
Surface Transforms LON:SCE was the biggest faller at mid-day off 31%. That comes off the back of news that the non-exec chairman had stepped down with immediate effect, following a short tenure. Cash constraints are in evidence at the business.
Alba Minerals LON:ALBA was in second to last place, down 30%. The company announced a finding round this morning and the discount reflects the mark-down which is now being sported by the stock.