30th Oct 2024 11:26
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday.
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AIM - WINNERS
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MicroSalt PLC, up 35% at 62.29 pence, 12-month range 30.60p-142.00p. The provider of low-sodium salt products receives "several new bulk purchase orders", including one from a new business-to-business customer. The new customer is the Canadian operations of "one of the world's largest spice and ingredient companies". It also wins a first order from an unnamed 'Customer C', one of the "world's largest food, soft drink and snack manufacturers". It wins follow-on orders from 'Customer B', the Mexican business of Customer C.
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Induction Healthcare Group PLC, up 10% at 8.26 pence, 12-month range 6.50p-28.40p. The software company serving healthcare providers and administrators signs a GBP1.5 million deal to "transform patient access to diagnostic tests" in the North Central London Integrated Care System. The system is a partnership of NHS, councils, and voluntary sector organisations in the London areas of Barnet, Camden, Enfield, Haringey, and Islington. "Induction will be the first portal provider to integrate disparate electronic systems across a region to facilitate diagnostic tests for patients, while at the same time giving patients greater control over their care," Chief Executive Officer Paul Tambeau says.
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AIM - LOSERS
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Fevertree Drinks PLC, down 0.8% at 732.83p, 12-month range 727.11p-1,247.00p. Shares in the mixers maker are down 11% over the past month. The stock hit its 12-month low on Friday amid a troubling outlook for London's junior market. Fevertree was among the firms that contacted UK Chancellor Rachel Reeves urging her to keep a tax incentive for AIM listings, Sky News reported earlier in October. Most AIM quoted shares are exempt from inheritance tax. The UK budget announcement is at 1230 GMT.
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By Eric Cunha, Alliance News news editor
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