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SMALL-CAP WINNERS & LOSERS: Chrysalis jumps; DB raises Costain PT

27th Aug 2024 12:33

(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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Chrysalis Investments Ltd, up 5.7% at 80.46 pence, 12-month range 52.38p-95.30p. The investment firm rises after a slow start to 2024. In the year-to-date, the stock is up 5.6%.

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Costain Group PLC, up 1.0% at 106.00p, 12-month range 46.00p-107.00p. Deutsche Bank raises the construction and engineering firm's price target to 105p from 80p. It leaves its broker rating at 'hold'.

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SMALL-CAP - LOSERS

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abrdn Asian Income Fund Ltd, down 0.2% at 214.60p, 12-month range 183.10p-222.12p. The Asia-focused fund edges lower. In mid-August, the firm said its first half net asset value total return came in at 6.8%, versus 9.6% for MSCI AC Asia Pacific ex Japan Index. It reported earnings per share of 5.73p, down from 6.28p a year earlier. It said it intends to increase its 2024 dividend from 11.75p in 2023.

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By Sophie Rose, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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