19th Dec 2022 11:22
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
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SMALL-CAP - WINNERS
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Rank Group PLC, up 4.7% at 75.78 pence, 12-month range 52.4p-170.4p. The casino operator's shares recover slightly after falling 11% on Friday. Rank had said last week that, in the five months ended November 30, like-for-like net gaming revenue was up just 1% compared to the same period last year, due to a decline at its Grosvenor venues. Rank had explained that whilst there has been some improvement in Grosvenor's trading over the last few weeks, trading in its second quarter has been weaker than expected, with weekly average net gaming revenue of GBP5.8 million.
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SMALL-CAP - LOSERS
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Lookers PLC, down 2.2% at 74.65p, 12-month range 59.7p-102p. The car dealer says Ian Bull will step down as chair at the end of December "for personal reasons". Paul Van der Burgh, senior independent director, will become interim non-executive chair from January 1. "I am sorry to be leaving at this exciting time for Lookers, with the business trading well and continuing to perform strongly," Bull says.
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By Elizabeth Winter, Alliance News senior markets reporter
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