23rd Oct 2024 10:50
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.
----------
SMALL-CAP - WINNERS
----------
World Chess PLC, up 21% at 4.00 pence, 12-month range 2.02p-18.00p. The firm announces a planned launch of the World Chess Tour in 2025, akin to the ATP tour in tennis which sees events played across the globe. "The WCT has been designed to revolutionise competitive chess by providing an annual structured, high-profile series of events where players can compete for prestigious titles, major prize pools, and global recognition," World Chess says. "The WCT proposes to feature weekly high-stakes online tournaments, as well as six to eight open tournaments in major global cities, followed by two Grand Slam events and a year-end Championship. The tour's points-based ranking system will create clear pathways for players to climb the rankings, culminating in a showdown among the world's top eight players for the World Chess Tour Champion title. Chief Executive Officer Ilya Merenzon says "it's about time chess reached a permanent position among major sports". World Chess PLC floated back in April of last year. It is seeking to promote "the mass market appeal of chess".
----------
Forterra PLC, up 2.3% at 194.20p, 12-month range 122.20p-195.00p. The building product manufacturer climbs as Jefferies lifts the stock to 'buy' from 'hold'.
----------
SMALL-CAP - LOSERS
----------
Everyman Media Group PLC, down 5.0% at 53.23p, 12-month range 48.00p-69.00p. Shares in the cinema operator are on track to decline for the third-successive day.
----------
By Eric Cunha, Alliance News news editor
Comments and questions to [email protected]
Copyright 2024 Alliance News Ltd. All Rights Reserved.