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The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. ---------- SMALL-CAP - WINNERS ---------- Aminex PLC, up 2.6% at 1.54 pence, 12-month range 0.82p-2.45p. The oil and gas with operations in Tanzania says the Ntorya gas development is ‘progressing well’. A pipeline from the Ntorya gas field to the Madimba gas processing plant has been manufactured, with it set to in Tanzania in late January. Operator ARA Petroleum Tanzania says the contracting process to bring the Ntorya-2 well into production is ‘well advanced’. ‘I have just spent a few highly productive days in Dar es Salaam, meeting APT as well as government and energy officials to discuss our plans in Tanzania for the next year. Tanzania is on the cusp of a gas revival which will fuel industrial and economic development while helping to improve Tanzanians’ living standards,’ Executive Chair Charles Santos says. ---------- Saga PLC, up 1.5% at 371.50p, 12-month range 366.00p-380.50p. Heading into Thursday, shares in the had risen in nine of the last 10 trading days, hitting its 12-month high on Wednesday. It received a vote of confidence earlier this month. CNBC had reported that hedge fund Kernow Asset Management believes shares in Saga could rise fivefold. Saga shares have surged more than threefold so far in 2025. ---------- SMALL-CAP - LOSERS ---------- Topps Tiles PLC, down 6.6% at 44.83p, 12-month range 28.05p-50.00p. Shares in the tile retailer fall as it goes ex-dividend, meaning new buyers do not qualify for the latest payout. Shares remain 18% higher year-to-date, however. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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