AIM Round-Up: AIM Settles at 718.44 Points

After reaching a high of 721.15 points July 26, the Alternative Investment Market (AIM) fell to 718.1 points. As of 3:00 p.m. in London, the market was at 718.44 points, a drop of 1.76 points from the previous session.

The market has fallen 0.24 percent today. On July 24, the market was up 0.3 percent, but fell the next day by the same amount, Beaufort Securities reported.

Uncertainties about the future of the US Federal Reserve’s stimulus program continue to impact European markets, according to Investing.com. This uncertainty was only heightened when US jobless claims data was reported Thursday.

Emerging oil and gas company Clontarf Energy (AIM:CLON) posted the most gains on the AIM today, reaching GBP 1.68, a jump of more than 109 percent, or GBP 0.88. Another oil and gas explorer, Petrel Resources (AIM:PET) also increased on the AIM, rising GBP 4.25 to reach GBP 18.25. Today’s gains prompted research analysts to restate the company’s “buy” rating, Mideast Times reported.

Triple Plate Junction (AIM:TPJ), a gold and copper exploration company, saw losses on the AIM today. Falling GBP 0.1, or nearly 29 percent, the company decreased to GBP 0.25. Goldstone Resources (AIM:GRL) also experienced losses. The gold exploration and mining company hit GBP 1.15, a fall of 14.82 percent or GBP 0.2.