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SMALL-CAP WINNERS & LOSERS: Synthomer up again; Phoenix Spree falls

3rd May 2024 11:34

(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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Synthomer PLC, up 3.6% at 273.00 pence, 12-month range 122.50p-864.03p. Shares rise again and the chemicals firm looks set to register a sixth-successive day in the green. It has risen around 18% in this winning streak.

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CAB Payments Holdings PLC, up 3.6% at 273.00 pence, 12-month range 14.44p-301.37p. The cross-border payments and foreign exchange company has had a rocky time since listing, but its shares have jumped almost double over the past six months. A revenue growth warning knocked 72% off its value in a single day in October, so CAD shares have had catching up to do. Shares are around 19% lower than its 335p initial public offering price.

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SMALL-CAP - LOSERS

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Phoenix Spree Deutschland Ltd, down 2.0% at 145.00p, 12-month range 124.50p-208.00p. Shares after a recovery on Thursday, when it climbed 3.5%. The stock had lost 2.4% on Wednesday and 1.0% on Tuesday. On Tuesday, it said its pretax loss widened in 2023 but gross rental income increased. It decided against a dividend, compared to an 2.35 euro cents dividend in 2022.

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By Eric Cunha, Alliance News news editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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