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SMALL-CAP WINNERS & LOSERS: Petrofac continues to slump

1st Dec 2023 10:13

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

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SMALL-CAP - WINNERS

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Trifast PLC, up 4.5% at 77.29 pence, 12-month range 46.70p-93.50p. Shares in the industrial fastenings firm rise. Chief Executive Officer Iain Percival buys 129,768 shares, priced 76.37p. The shares are worth GBP99,104.

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Residential Secure Income PLC, up 6.0% at 60.86p, 12-month range 52.00p-88.60p. Shares in the real estate investment trust rise. Over the past 12 months, the shares are down 30%.

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SMALL-CAP - LOSERS

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Petrofac Ltd, down 18% at 17.22p, 12-month range 15.95p-91.00p. Shares in the provider of services to the energy industry are on track to suffer another decline. Over the past five days, the stock is down 50%; over the last 12 months shares have shed 79%. The stock has been hurt by weaker oil prices of late.

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By Sophie Rose, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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