|
The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. ---------- SMALL-CAP - WINNERS ---------- THG PLC, up 2.4% at 31.24 pence, 12-month range 22.90p-68.20p. The e-commerce firm extends gains after a 6.5% advance on Thursday, after well-received half-year results. ---------- Baillie Gifford Shin Nippon PLC, up 1.2% at 136.60p, 12-month range 91.41p-137.80p. The stock rises after a strong day for Japanese equities. The firm invests in small Japanese companies. ---------- SMALL-CAP - LOSERS ---------- JPMorgan Emerging Europe, Middle East & Africa Securities PLC, down 11% at 219.90p, 12-month range 96.00p-310.00p. A claim filed by VTB Bank in Russia against eight JPMorgan legal entities has been ‘upheld’. After this verdict in VTB Bank’s favour, JPMorgan Emerging EMEA expects VTB to ‘obtain a writ of enforcement in mid-September’. With this, it can ‘collect against JPMorgan assets in Russia’. ‘VTB will need to serve the writ of enforcement on the Central Bank of Russia to start the process of execution. We will appeal further and seek a stay of enforcement but the court may permit enforcement to proceed in any event,’ JPMorgan Emerging EMEA adds. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
