An about turn on Wall Street as investors hunted out bargains in the wake of the recent sell off and digested the latest economic news was sufficient to lift the AIM All Share into the close, advancing almost 2 points by the bell to reach 744.99.
- Sareum Holdings +30%
- Byotrol +25%
- Surgical Innovations +25%
- Quiz -20%
- Falcon Oil & Gas -15%
Sareum Holdings LON:SAR was top of the list at the bell, up 30% on the day. The stock continues to gain ground with the price having close on trebled over the last couple of weeks, but there’s a lack of official news being seen here. Can the momentum be sustained without a regulatory filing?
Byotrol LON:BYOT was also making headway today, adding 25%. This is however a minnow of a stock that is set to delist and the move was well within the spread.
Surgical Innovations LON:SUN gets the notable mention, up 25% off the back of this morning’s well received final results and distribution agreements. However the bounce does little to make up the lost ground of the last 12 months.
- Small Cap Stocks: Catenai, Genip, ValiRx
- Three Quick Facts: Aviva & Direct Line, Berkeley Group, QUIZ
- Small Cap Stocks: Vela Technologies, Caspian Sun, Nostra Terra
Fashion retailer Quiz LON:QUIZ was at the foot of the table, down some 20%. There’s no news here but a strategic review was announced last month. Could an update on this be looming?
Falcon Oil & Gas [LON:FOG] was also languishing, off some 15% at the bell. That was off the back of funding news, which will allow the company to meet its commitments for ongoing drilling projects.
