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AIM Round-Up: AIM Rises to 811.04 Points as Other European Stock Markets Fall
The Alternative Investment Market (AIM) in London was up today, gaining 2.33 points to 811.04 — its high for the session.
The Alternative Investment Market (AIM) in London was up today, gaining 2.33 points to 811.04 — its high for the session. Earlier the AIM hit a low of 808.08 points.
Most stock markets in Europe actually retreated today, as investors kept their profits after facing losses for the last three days, MarketWatch reported. However, the FTSE rose today, unlike the other markets. New data today showed UK manufacturing activity grew rapidly during October, which also impacted the markets.
West African Minerals Corp (LSE:EML) saw the biggest gains on the AIM today. The natural resources company, formerly called Emerging Metals Limited, jumped 36 percent, or GBP4.24, to reach GBP15.99.
African Copper (LSE:ACU), a holding company for a group of businesses involved in copper production and mineral exploration and development, also rose on the AIM. The company increased 39.5 percent, rising GBP0.25 to GBP1.39.
Wasabi Energy limited (LSE:WAS) was among the companies that declined on the AIM today. The energy company lost more than 17 percent, dropping GBP0.06 to GBP0.32.
Australia-based Leyshon Resources Limited (LSE:LRL) also fell. The gold and other mineral exploration company dropped 10.3 percent, falling GBP0.85 to GBP7.40.
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