7th Jan 2022 11:22
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.
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SMALL-CAP - WINNERS
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Braemar Shipping Services PLC, up 5.4% at 282.92 pence, 12-month range 145.00p-314.00p. The shipbroker rises in a positive read across from FTSE 250-listed Clarkson PLC, whose update on Friday paints a promising picture of the shipping industry. Clarkson says trading in December was stronger than anticipated. Clarkson's Broking division is among those to outperform expectations in December, company says. Clarkson shares are up 4.1%.
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Lookers PLC, up 1.3% at 70.90 pence, 12-month range 22.00p-75.61p. The car dealer expects "record" underlying pretax profit in 2021, ahead of company compiled market consensus of GBP82 million. Lookers also plans to restore its dividend. In the fourth quarter of 2021, aftersales revenue rises 7.1% annually on a like-for-like basis. Like-for-like new retail unit sales increases by about 2.0%, though used unit sales are down roughly 14%.
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SMALL-CAP - LOSERS
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Gulf Marine Services PLC, down 2.6% at 5.62p, 12-month range 2.90p-9.98p. Shares in the Abu Dhabi-based provider of support vessels, serving the offshore oil, gas and renewables industries have fallen since the start of 2021. This follows a strong run in December when shares increased by roughly 10%.
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By Eric Cunha; [email protected]
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Related Shares:
Braemar ShippingClarkson