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AIM Round-Up: AIM Rises to 794.51 Points Following Flat Trading Day
Today, the Alternative Investment Market (AIM) rose 4.71 points, to 794.51 points, after hitting a high of 794.79 points earlier in the day.
Today, the Alternative Investment Market (AIM) rose 4.71 points, to 794.51 points, after hitting a high of 794.79 points earlier in the day.
The main indices spent the day stabilizing, and all trading was close to flat after a rally on September 19 following the US Federal Reserve’s decision not to reduce its monthly bond-buying program, London South East said. A number of mining companies were affected by the drop in gold prices.
Alecto Minerals (LSE:ALO), a precious and base metals exploration and development company, saw the biggest gains on the AIM, increasing more than 113 percent, or GBP 1.3, to hit GBP 2.45. Australia-based gold exploration company Nyota Minerals (LSE:NYO) also had major gains. The company rose GBP 0.22, or 19 percent, to GBP 1.4.
Creat Resources Holdings (LSE:CRHL), a resource investment company engaged in mineral exploration, lost GBP 0.06, or 14 percent, on the AIM today, however. The company hit GBP 0.36.
Goldstone Resources (LSE:GRL) also saw loses on the AIM today. The gold exploration and mining company dropped GBP 0.25, nearly 13 percent, to hit GBP 1.72.
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