skip to Main Content
Get your free newsletter: Actionable insight each morning for self-directed investors. 

London’s AIM Index managed to step up a gear today and post its first daily gains for the week, to close more than five points ahead at 1211.85.

  • Tintra +42%
  • Proton Motor Power +30%
  • Reabold Resources -15%
  • Trafalgar Properties -10%
  • Shoe Zone +20%

Tintra PLC [LON:TNT] was the day’s best performer, adding 37% by the bell off the back of an update this morning after the company provided more details on an AI Joint Venture. They are positioning themselves as banking and infrastructure specialists for the underserved frontier and emerging markets – this is clearly capturing the imagination of investors, although only just puts the share price back where it was after the last burst of enthusiasm in August.


Proton Motor Power Systems [LON:PPS] added 30% today. The stock has been in hot demand since the middle of last week and today was no exception. Yesterday the company launched a new product designed to make railways more environmentally friendly but this hasn’t triggered any formal statement. An update is probably looking overdue.

A notable mention for Shoe Zone [LON:SHOE], whose shares added 20% today. The stock jumped off the back of a full year trading update which whilst seeing margins squeezed a little, otherwise seems to have impressed. And that’s despite the air of caution as to what comes next, although as has been noted previously, this is one retailer where it’s difficult to shift to a pure online model.

Reabold Resources [LON:RBD] was the day’s worst performer, although losses were a very modest 15%. The company provided a broadly upbeat drilling update this morning, but the inclusion of some caveats evidently hasn’t been sufficient to galvanise the support of shareholders who wanted more.

Trafalgar Properties [LON:TRAF] slipped 10%, securing it second to last place in the junior market today. There is however nothing behind the move, which is indeed inside the closing spread. Traded volumes were also incredibly thin.

Become a better investor with SharePad Designed to give you the confidence to pick your own investments, Sharepad gives you access to a wealth of information on UK, US & European stocks. Find out more

Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

Stocks in Focus

Here are some of the smaller companies we are following most closely. They all represent significant growth stories in our view. Our in-depth reports go into more detail on why we like them.

Comments

This Post Has 0 Comments

Leave a Reply

Your email address will not be published.


Get your free daily newsletter: 

Thanks to our Partners

Our partners are established, regulated businesses and we are grateful for their support.

Pepperstone
FP Markets
IG
Spreadex
Trade Nation
WisdomTree
ActivTrades
Back To Top