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SMALL-CAP WINNERS & LOSERS: UK leisure stocks shaken by variant fears

30th Nov 2021 11:27

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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SMALL-CAP - WINNERS

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BATM Advanced Communications Ltd, up 2.7% at 83.40 pence, 12-month range 78p-124p. The company confirms the effectiveness of its Covid-19 PCR tests in diagnosing the new Omicron strain. The Omicron variant's mutations can allow it to go undetected or flag a false negatives in competitor tests, the firm says. The effectiveness of BATM's tests in spotting Omicron cases have been verified by external scientific experts.

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SMALL-CAP - LOSERS

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Retail and leisure stocks, including clothing retailer Superdry PLC, down 6.0% at 246,3p, 12-month range 194p-493p; Fridays restaurant operator Hostmore PLC, down 5.7% at 94.27p, 12-month range 92.75p-156.24p; Gym Group PLC, down 5.7% at 239p, 12-month range 190p-317.5p. The stocks, which would would be dealt a blow if the UK went back into lockdown, fall as fears over the new Omicron coronavirus variant grip markets.

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By Lucy Heming; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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