6th Sep 2021 10:59
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
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SMALL-CAP - WINNERS
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Pendragon PLC, up 2.1% at 18.84 pence, 12-month range 7.00p-21.50p. Shares in the motor retailer rise despite figures showing new UK vehicle registrations declined in August. However, figures from the Society of Motor Manufacturers & Traders showed a boost in demand for electric vehicles.
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Fidelity Japan Trust PLC, up 3.9% at 250.32 pence, 12-month range 180.00p-250.36p. Shares in Japan-focused investors climb, tracking Tokyo's Nikkei 225 higher. The Tokyo benchmark continues its advance in the wake of Japan's Prime Minister Yoshihide Suga announcing he will not run for his ruling party's leadership, effectively ending his tenure and throwing wide open the race for the next premier. Fidelity Japan hits this 12-month high on Monday. FTSE 250-listed Baillie Gifford Japan Trust PLC rises 1.9%.
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SMALL-CAP - LOSERS
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Gym Group PLC, down 2.2% at 280.59p, 12-month range 116.00p-317.50p. The stock falls again on Monday morning, after a 6.2% decline on Friday. Shares in the low-cost gym operator had risen 8.1% on Thursday after it reported a surge in membership numbers. The low-cost gym operator's revenue fell 21% year-on-year to GBP29.3 million from GBP37.3 million, though its pretax loss narrowed a touch to GBP28.5 million from GBP28.6 million. Membership numbers at the end of June rose to 730,000 from 547,000 at the end of February.
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By Eric Cunha; [email protected]
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Related Shares:
Fidelity Japan TrustBaillie Gifford Japan Trust PLCPDG.LGym Grp