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SMALL-CAP WINNERS & LOSERS: JPMorgan China falls on NY-listed holdings

21st Dec 2022 10:38

(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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Metro Bank PLC, up 1.2% at 118.20 pence, 12-month range 60p-118.4p. The stock reaches a 12-month high as RBC raises its price target to 120p from 100p previously. RBC keeps the retail and commercial bank at a rating of 'sector perform'.

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SMALL-CAP - LOSERS

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JPMorgan China Growth & Income PLC, down 1.9% at 328.49p, 12-month range 239.5p-510p. The Asia-focused investor falls as several of its major holdings close in the red. Pinduoduo Inc closed down 1.5% in New York, as JD.com Inc fell 1.4%, and Netease Inc lost 1.8%.

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to [email protected]

Copyright 2022 Alliance News Ltd. All Rights Reserved.

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