6th Feb 2025 10:16
(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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JPMorgan China Growth & Income PLC, up 2.1% at 231.35 pence, 12-month range 182.00p-281.00p. An absence of fresh trade war worries lifts China-focused investors. On Wednesday, the US Postal Service said it would continue accepting packages from China and Hong Kong, hours after an order to suspend shipments over President Donald Trump's new tariffs sparked fears of major trade disruptions. Baillie Gifford China Growth Trust PLC shares were up 0.4%, while Fidelity China Special Situations PLC added 1.6%.
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CLS Holdings PLC, up 1.4% at 73.39 pence, 12-month range 69.70p-101.40p. The commercial property investment company seals a seven month extension to the existing leases at Spring Gardens in London with the UK National Crime Agency, the asset's current occupier. It will add GBP7.0 million of additional rent in 2026. "The leases have been agreed to end on 28 September 2026, which also aligns with the proposed overall development programme," CLS adds. It also updates on development plans at Citadel Place. "Working closely with renowned architectural firm Allies & Morrison and the London Borough of Lambeth, the design work is moving forward at pace," it says. The target is for planning submission during the second quarter of the year. Plans for the development include residential homes, retail units and open spaces.
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SMALL-CAP - LOSERS
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Taylor Maritime Investments Ltd, down 6.3% at USD0.79, 12-month range USD0.79-USD1.07. Shares in the shipping investor go ex-dividend, meaning new buyers do not qualify for the latest payout.
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By Eric Cunha, Alliance News news editor
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