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SMALL-CAP WINNERS & LOSERS: Secure Trust Bank rises on first quarter

16th May 2024 10:09

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

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SMALL-CAP - WINNERS

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Secure Trust Bank PLC, up 3.3% at 723.30 pence, 12-month range 550.00p-750.00p. Shares in the provider of savings accounts and lending services rise. In the first quarter of 2024, the net loan book grew by 1.7% in the quarter and 11.9% compared to first quarter 2023. CEO David McCreadie says: "The group continued to grow net lending in the quarter and is trading in line with management expectations. I am pleased that the positive momentum from last year has continued and that we have taken another step towards our GBP4 billion net lending ambition."

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SMALL-CAP - LOSERS

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Ocean Wilsons Holdings Ltd, down 5.9% at 1,369.80p, 12-month range 816.00p-1,500.00p. Shares in the investment holding company fall, despite a good start to 2024. In the year-to-date, the stock is up 14%.

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By Sophie Rose, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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