Below are the main news-driven share price movements at 4pm.
Kennedy Ventures (LON:KENV) up 17.5%. The company confirmed that its 75% owned subsidiary African Tantalum has agreed an offtake agreement with “a major leading manufacturer of electronic components,” but said reports of pricing doesn’t accurately reflect the deal.
Auto Trader (LON:AUTO) up 2.75%. The company thrilled investors with a maiden dividend after sales ramped up in the first half of the year.
Reach4Entertainment (LON:R4E) down 50%. The company has raised £4mln through the placing of 400mln shares at 1p per share, more than half the price at yesterday’s close.
Caza Oil & Gas (LON:CAZA) down 25%. Third quarter results reflected the group’s earlier decision to cut capital spending on new drilling, lower volumes and lower prices. Its financial performance continues to be impacted by lower crude price.
Below are the main news-driven share price movements at 1pm.
DX Group (LON:DX.) down 65.9%. The company said profits for the year would be “significantly below” market hopes, as market conditions have deteriorated in the first half.
Akers Biosciences (LON:AKR) down 13.2%. The company saw sales fall more than 50% in the third quarter but said it would return to normal levels in the fourth quarter after a lower than usual depletion of stock.
Below are the main news-driven share price movements at 9.15am.
Japan Residential Investment Company (LON:JRIC) up 31.8%. Nikko III has made a 72p per share offer for JRICvaluing the company at £152.6mln.
Ienergizer (LON:IBPO) up 16%. First half operating profits rose to US$13.7mln from US$9.8mln the year before despite lower revenues as the company said actions to consolidate its operations had led to much better margins.
Minco (LON:MIO) up 13.8%. The company has been granted three new prospecting licences in Ireland. The new licences, PLs 1228, 1229 and 3981, have the potential for zinc-lead mineralization of Tynagh Mine type and will last for six years.
Alpha Pyrenees (LON:ALPH) down 78.7%. The company reported an adjusted net asset value of 0p in the first half from 2.4p the year before due to losses in the period, property revaluation and foreign exchange headwinds.
Nu-Oil & Gas (LON:NUOG) down 23.8%. The company has raised £440,000 through the placing of 124.3mln new shares at 0.35p per share.