19th Nov 2021 10:39
(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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Wincanton PLC, up 2.1% at 389.00 pence, 12-month range 230p-470p. Revenue for half-year to September 30 rises 19% to GBP690.3 million and pretax profit jumps 31% to GBP25.1 million. Backs full-year outlook as strong activity continues into second half. The logistics firm earlier this week unveiled a five-year contract win with Associated British Foods PLC's fashion retailer Primark.
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Montanaro European Smaller Companies Trust PLC, up 1.6% at 225.95p, 12-month range 144.5-226p. Net asset value per share total return 26% for six months to September, beating benchmark which returns 9.8%. NAV per share at the end of September 198.7p versus 158.9p at March-end.
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SMALL-CAP - LOSERS
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Metro Bank, down 3.2% at 103p, 12-month range 87.95p-163p. Extends losses after 20% slump on Thursday after private equity firm Carlyle Group backed out of a potential takeover of the retail bank. The duo agreed to end talks over a possible takeover offer. Though both parties announced the decision, neither gave a reason. The stock surged 29% in one day alone in early November when the talks were announced.
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By Lucy Heming;Â [email protected]
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