12th Aug 2024 09:48
(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 7.1% at 69.84 pence, 12-month range 60.40p-99.80p. Shares in the casino owner rise after a slow start to 2024. In the year-to-date, the stock is down 7.6%.
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S&U PLC, up 0.5% at 1,895.00p, 12-month range 1,750.00p-2,360.00p. The lender, which is focused on motor finance and property bridging, updates shareholders on the period from its annual general meeting statement on June 6 to July 31. It says trends in trading by the company "unsurprisingly continue but contrast in two ways." S&U explains: "First, Aspen Bridging, our property lender, has maintained its strong and profitable growth. In the motor finance sector, however, Advantage Finance, which has just celebrated an excellent 25 years in business, continues its period of consolidation and retrenchment. This has resulted from a period of restrictions and caution arising from a Financial Conduct Authority section 166 notice and the constructive but vigorous negotiations taking place to remove the restrictions, which are now nearing their conclusion."
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SMALL-CAP - LOSERS
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Vp PLC, down 4.4% at 655.00p, 12-month range 460.00p-745.00p. The equipment rental company sees shares fall, after a good start to 2024. In the year-to-date the stock is up 16%.
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By Sophie Rose, Alliance News senior reporter
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