18th Mar 2026 10:55
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.
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SMALL-CAP - WINNERS
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Intuitive Investments Group PLC, up 9.8% at 167.50 pence, 12-month range 165.00p-96.00p. The investor in technology and life science companies reports "significant" operational progress and growth for its primary investment, Hui10 Inc. It reports "strong growth" in Chinese lottery transaction value through Lucky World terminals to CNY306 million, around GBP33.3 million, from CNY800,000 in 2024. Intuitive Investments says Hui10 "continues to expand its national infrastructure footprint" and strengthen its strategic positioning. "Hui10 has delivered a step-change in operational progress over the past year, with rapid expansion of its national infrastructure, strong growth across all key metrics and the achievement of several critical strategic milestones," says Chief Executive Officer Giles Willits.
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Genel Energy PLC, up 7.6% at 58.84p, 12-month range 83.29p-48.28p. The oil and gas firm says its pretax loss narrows to USD12.7 million in 2025 from USD62.1 million a year prior. Revenue falls 8.0% to USD68.7 million from USD74.7 million. "We have established an ever more resilient business with significant upside potential, and we are now well-placed to deliver value to our shareholders and build a business that generates resilient, diversified and predictable cash flows that will support the resumption of distributions to shareholders," says Chief Executive Paul Weir. The firm does not declare a dividend, unchanged from a year ago. "With Tawke domestic market sales expected to be consistent, and with production expected to benefit from new drilling in 2026, we expect production business netback to more than cover Genel's costs, which include net interest payable," it adds.
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SMALL-CAP - LOSERS
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Gem Diamonds Ltd, down 6.7% at 4.29p, 12-month range 9.28p-2.50p. The Lesotho-focused diamond miner swings to a pretax loss of USD92.1 million in 2025 from a USD12.4 million profit a year prior. Revenue falls 36% to USD98.4 million from USD154.2 million. Gem Diamonds says the loss is driven by a USD77.5 million impairment of its carrying value in Letseng, due to "downward pressure on the rough diamond market" and the weakened US dollar against the Lesotho loti. "The continued weakness in the diamond market required decisive action to protect the financial viability of Letseng and the rest of the Group, which led to the launch of the business resilience programme in the second half of 2025. These measures were essential to ensure that Letseng remains a sustainable operation capable of supporting employment, communities and stakeholders over the longer term," says Chief Executive Officer Clifford Elphick.
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FDM Group Holdings PLC, down 3.4% at 118.60p, 12-month range 270.00p-112.00p. The London-based IT-focused professional services provider says pretax profit sinks 73% to GBP7.6 million in 2025 from GBP28.1 million in 2024, while revenue falls 31% to GBP177.7 million from GBP257.7 million. It cuts the final dividend to 4.0 pence per share from 12.5p. The total dividend for 2025 is down 56% to 10p per share from 22.5p a year ago. "The group saw improved signs of appetite for investment from an appreciable number of clients across some key geographies in the latter part of the year, but geopolitical and economic uncertainty remains," it says. Looking ahead, it says events in the Middle East add to uncertainty. However, FDM says it is optimistic that less impacted areas of the company "will continue to experience the modest uptick in activity seen over recent months".
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By Michael Hennessey, Alliance News reporter
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Related Shares:
Intuitive Investment GroupGenel EnergyGem Diamonds DiFDM Group