25th Mar 2026 11:10
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday.
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Main Market small-cap winners
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PYX Resources Ltd, up more than double at 0.34 pence, shares hit one-year low on Friday
Videndum PLC, up 16% at 2.1975p
Tirupati Graphite PLC, up 15% at 1.5p
Asos PLC, up 14% 240.96p, backs annual guidance
Fragrant Prosperity Holdings Ltd, up 13% at 0.39p
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Main Market small-cap losers
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Centaur Media PLC, down 15% at 34p
Cizzle Biotechnology PLC, down 13% at 2.45p
Zenith Energy Ltd, down 11% at 6p
Hydrogen Capital Growth PLC, down 9.9% at 4.495p
Kenmare Resources PLC, down 9.2% at 202p, says market conditions subdued
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AIM winners
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Ethernity Networks Ltd, up 52% at 0.0041p, expands deal with US customer
Jangada Mines PLC, up 20% at 1.625p
Tern PLC, up 19% at 0.8p
Futura Medical PLC, up 16% at 1.2725p
Quartix Technologies PLC, up 15% at 244p, posts earnings hike
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AIM losers
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Directa Plus PLC, down 19% at 8.125p
CRISM Therapeutics Corp, down 14% at 11p, timing of patient dosing for trial uncertain
Union Jack Oil PLC, down 12% at 3.35p
Sunda Energy PLC, down 11% at 0.031p
Gelion PLC, down 10% at 13.25p
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Small-cap and AIM movers in focus:
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Quartix, up 15% at 244p, 12-month range 180.00p-340.00p. The vehicle tracking software firm says pretax profit in 2025 shot up 34% to GBP8.7 million from GBP6.5 million, with revenue up 12% to GBP35.7 million from GBP31.8 million. It more than doubles its final dividend to 7.50p per share from 3.0p, giving a total payout of 10p, up from 4.50p. "The outlook for 2026 is very encouraging," Executive Chair Andy Walters says.
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Asos, up 14% 240.96p, 12-month range 206.50p-218.50p. The fashion retailer backs its guidance and hails "continued progress" in the first half to March 1. Gross merchandise value in the period is down 9% on-year, but Asos notes a "sequential quarterly improvement". Adjusted gross margin shot up by 330 basis points on-year to 48.5% and adjusted earnings before interest, tax, depreciation, and amortisation jumped 50%. Asos still sees an annual adjusted Ebitda between GBP150 million and GBP180 million, and a gross margin improvement of at least 100bp to a 48% to 50% range.
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Crest Nicholson Holdings PLC, up 11% at 110.40 pence, 12-month range 96.95p-198.50p. The housebuilder reports a "sustained improvement" in its sales rate since mid-January. The open market sales rate was 0.64 in the 10 weeks to March 20, compared to 0.61 a year prior. "The group is yet to see any material trading impact from the wider macroeconomic shock of recent weeks but is alert to the potential risks and will respond accordingly to any changes in the trading environment," it adds. Half year results for the six months to April 30 are to be released on June 11.
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Metir PLC, down 10% at 0.60 pence, 12-month range 0.54p-1.49p. The company, focused on water testing services, says it is working with partner Avanceon to "resolve some technical and operational issues at certain locations in Doha". The issues relate to handling, storage and use of the Microtox technology, which tests water toxicity. "Due to the current major disruption in the region, it is uncertain when Metir will be able to send additional technical support to Doha to provide local training and rectify these remaining issues," Metir adds. It warns the balance of a deferred payment schedule of GBP161,000 and an additional contract performance payment of GBP50,000 will be delayed beyond the first quarter of the year.
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Volex PLC, up 8.6% at 471.36p, 12-month range 190.00p-500.00p. It expects full-year results to "significantly" beat market consensus, and it is considering a move to London's Main Market. The maker of power and data transmission products says full-year revenue is now expected to be at least USD1.22 billion and results "significantly" ahead of current market expectations. Consensus forecasts had pointed to underlying operating profit of USD114.8 million on revenue of USD1.18 billion. In the 52 weeks to March 30, 2025, Volex reported underlying operating profit of USD106.2 million on revenue of USD1.09 billion.
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Headlam Group PLC, down 4.7% at 42.71 pence, 12-month range 39.40p-99.80p. The floorcoverings distributor says its pretax loss stretched to GBP69.6 million in 2025 from GBP38.1 million in 2024. Revenue declined 5.1% to GBP498.7 million from GBP525.7 million. "The independent retailers and contractors we serve are resilient. The market will recover and when it does, we will be well placed to support them - initially smaller, but stronger, more focused, and more profitable," Interim Executive Chair Stephen Bird says.
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By Eric Cunha, Alliance News news editor
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
PYX ResourcesTirupati GraphiteFragrant Prosp.Videndum PlcASOSCentaurCizzle BiotechZenith EnergyHydrogenOneKenmare ResourcesEthernity NetJangada MinesTernFutura MedicalQuartix TechDirecta PlusCrism TheraUnion JackSunda EnergyGelionMetir PlcVolexCrest NicholsonHeadlam