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AIM Round-Up: AIM Falls to 833.95 Points as Stocks React to US Markets

Written by Investing News Network
|
Apr. 11, 2014 11:35AM PST

The Alternative Investment Market in London reached 834.89 points today after falling 9.72 points, or 1.15 percent.

The Alternative Investment Market (AIM) in London reached 834.89 points today after falling 9.72 points, or 1.15 percent.

Elsewhere in the United Kingdom, top stocks are down partly in reaction to turmoil in the United States, where the NASDAQ yesterday lost 3 percent. Tech companies were most affected, Proactive Investors UK states.

Explaining the situation further, investing website IG notes, “[o]n one hand you have volatility in the forex markets at a multi-year low, with commodity markets trading as a derivative of the U.S. dollar. On the other, developed market equities are up big one day, even closing on their highs and then down heavily the next.”

The top risers today on the AIM include URU Metals (LSE:URU), which rose 0.10 GBP, or 9.09 percent, to reach 1.20 GBP. URU Metals is an exploration and development company focused on uranium. Additionally, Landore Resources (LSE:LND) rose by 0.38 GBP, or 20 percent, to hit 2.25 GBP. Landore is a mineral exploration company in Eastern Canada.

Not faring so well was Greka Drilling (LSE:DGL), which fell by 1.75 GBP, or 10.14 percent, leaving it at 15.50 GBP.

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