AIM Round-Up: AIM Falls Despite Dovish Syria Vote
Alexander Mining and Mentum Inc saw the largest gains, while Rare Earth Minerals dropped 21 percent.
The Alternative Investment Market (AIM) in London was down 0.96 points on Friday to 752.61 points. The market reached a high of 754.05 points today and a low of 751.97 points.
Markets are “jittery” today due to concerns the United States could lead a military strike against Syria, Investing.com reported. The West has alleged that Syria used chemical weapons, and the White House said Aug. 29 that President Barack Obama would decide how the U.S. would respond. UK stock markets including the AIM and FTSE 100 were down despite the British parliament voting against any military action in the Middle Eastern country.
Alexander Mining (LSE:AXM) was one of the companies that saw the biggest gains on the AIM today. The company, engaged in commercialization of mineral processing technologies, increased 27 percent to hit GBP3.88. Mentum Inc. (LSE:MEN), a metal and energy brokerage and commodity trading company, also increased on the AIM today — gaining GBP0.10, or 22 percent, to GBP0.55.
Rare Earth Minerals (LSE:REM), which has a lithium project in Northern Mexico, saw losses today, declining 21 percent to GBP0.98.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1894.30 | +8.54 | |
Silver | 23.15 | -0.19 | |
Copper | 4.44 | -0.03 | |
Palladium | 2236.51 | +26.51 | |
Platinum | 919.97 | +2.96 | |
Oil | 105.20 | +3.18 | |
Heating Oil | 4.02 | +0.08 | |
Natural Gas | 6.95 | -0.39 |
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