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The Alternative Investment Market in London was up 4.76 points, to 714.08 points, on July 12 after closing the previous session at 709.32.
The Alternative Investment Market (AIM) in London rose 4.76 points, to 714.08 points, on July 12 after closing the previous session at 709.32. The AIM hit a low of 708.91 points and a high of 714.15 points today.
ViaLogy (AIM:VIY) was among the top risers on the AIM today. The UK-based company, which provides technologies that detect subsurface oil and gas, rose GBP 0.12 to hit GBP 1.12, an increase of 12.5 percent. Hayward Tyler Group (AIM:HAYT), a business that serves the energy industry by supplying electric motors and pumps to energy companies, also rose on the AIM today, increasing GBP 3.75 to hit GBP 34.
Mediterranean Oil & Gas (AIM:MOG) saw one of the biggest drops on the AIM. The oil and gas exploration company fell GBP 1 to GBP 6.38 — a 13.56-percent drop. Bullabulling Gold (AIM:GGG) also fell by more than 13 percent, dropping GBP 0.25 to GBP 1.25.
For the week, the AIM is up 0.68 percent, Beaufort Securities reported.
While US markets experienced strong gains overnight, UK stocks weren’t expected to move much today following US Federal Reserve chairman Ben Bernanke’s comments on quantitative easing, Proactive Investors UK reported. The source said Bernanke “continues to be a puppet-master” for stock exchanges around the globe.