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Risers & Fallers: TalkTalk, Treveria, Kuala Innovations, Atlas Mara, Avocet and Genel

Below are the main news-driven share price movements at 4pm.
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TalkTalk was lower as BT outperformed

Below are the main news-driven share price movements at 4pm.

RISERS

Treveria (LON:TRV) up 11.5%. The company raised €520,900 from the placing of 520mln shares and said David Malpica has resigned as a non-executive director while Cameron Pearce has been added as non-executive chairman.

Kuala Innovations (LON:KUL) up 10.25%. After shareholders approved a change in investment strategy, it is now fully invested in four early stage investments. I it has also suggested changing its name to Fast Forward Innovations.

Atlas Mara (LON:ATMA) up 9%. The Africa-focused bank said it buy back up to US$10mln of its shares in a repurchase program after investors called for the move two months ago.

 

FALLERS

Avocet Mining (LON:AVM) down 25%. The company lowered its production guidance for the year for the second time since April as it said it still has funding problems.

TalkTalk (LON:TALK) down 5.3%. Rival BT beat expectations as its fibre-optic broadband and sports division performing particularly well. TalkTalk has been campaigning for BT to spin-off its Openreach broadband division on competition grounds.

Genel Energy (LON:GENL) down 4.2%. The company has agreed to sell its partner in the Chia Surkh project, Petoil, a 20% stake in the Kurdistan based project.

 

Below are the main news-driven share price movements at 1pm.

RISERS

Herencia (LON:HER) up 11.7%. The company has agreed to execute the right to acquire 100% of the Pastizal tenement in Chile via an option agreement, its second advanced copper project.

Playtech (LON:PTEC) up 8%. The company said it was confident of its full-year growth as it made a good start to the fourth quarter.

Trakm8 Holdings (LON:TRAK) up 7.7%. The company inked a deal to supply a US-based data company with its Bluetooth technology to communicate journey details to mobile phones.

 

 

FALLERS

Ortac Resources (LON:OTC) down 7.8%. The company said it was pleased with the latest trenching samples from its Zambian associate Zamsort. Samples showed copper grades of between 1.73% and 2.1% with a cobalt element also present. Shares had been 10% higher earlier in the morning.

Smith & Nephew (LON:SN.) down 6%. Currency headwinds did for the orthopaedic equipment giant, which also saw a sharp drop in him implant revenues

Alba Minerals (LON:ALBA) down 5.5%. The company placed 64mln shares at 0.25p a pop to raise £160,000 “in order to satisfy additional demand”.

 

Below are the main news-driven share price movements at 9.30am. 

RISERS

Bango (LON:BGO) up 21.3%.  The company said it was “delighted” that a Direct Carrier Billing service, for making app payments, is available to some iTunes customers in Germany. 

Surgical Innovations (LON:SUN) up 19.8%. Executive chairman Nigel Rogers acquired 1mln new shares at 1.3p per share split between him and his wife.  He now owns 0.2% of the business.

Mirland Development Corp (LON:MLD) up 10.3%. A deal to sell Jerusalem Economy Corporation to TLC Properties, Mirland’s holding company, collapsed yesterday.

 

FALLERS

Falkland Oil & Gas (LON:FOGL) down 30.3%. The deep-water Humpback exploration well found oil and gas across a number of reservoir targets, but, not enough to be commercial.

Optimal Payments (LON:OPAY) down 13.7%. The company said it has opened an investigation following media reports suggesting some customers’ personal details were breached and made public in 2011 and 2012.

PeerTV (LON:PTV) down 12.7%. Wes Wilcox, chief executive of PeerTV Limited, the company’s subsidiary, has resigned due to, among other things, a lack of financing and difficutly in turning around the business.


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