AIM Round-Up: AIM Dips as Investors Wait on ECB Changes

Today, the Alternative Investment Market (AIM) in London sank 0.26 points, hitting 811.22 points. The day’s low was 809.95 points, while its high was 812.29 points.

Global shares fell slightly after hitting new highs earlier in the day, according to Reuters. The news outlet notes that investors are being careful on the last day of the month as they wait for the European Central Bank (ECB) to make policy changes next week. The bank is also expected to reduce all of its interest rates to avoid deflation and spur growth.

Faring well today on the AIM was Alba Mineral Resources (LSE:ALBA), a company that deals in uranium, gold, nickel and base metals. It rose GBP0.025, or 9.09 percent, to reach GBP0.300. It was the mining industry’s only top gainer.

On the flip side, Independent Resources (LSE:IRG), which develops oil and gas products, fell by GBP0.82, or 17.97 percent, arriving at GBP3.75. Meanwhile, UK-based Sunkar (LSR:SKR), which mines for phosphates in Kazakhstan, fell GBP0.10, or 5.56 percent, to reach GBP1.70. Finally, mining company Ferrum Crescent (LSE:FCR) fell by GBP0.161, or 19.52 percent, to reach GBP0.664.