AIM Round-Up: AIM Up to 766.67 Points as Euro Rises Against US Dollar

The Alternative Investment Market (AIM) in London ended the week higher, with a climb of 2.13 points above the previous session. The AIM closed at 766.67 points on Friday September 6 .

Markets were impacted by the euro rising above the US dollar. The United States also released weaker than expected jobs data, which continued uncertainty among investors about the future of the Federal Reserve’s stimulus program, Investing.com reported. However, gains in Europe were capped from rising further as data from Germany showed industrial production fell in July by 1.7 percent. Analysts were expecting a 0.5-percent fall.

The AIM hit a high of 767.4 points today and a low of 763.21.

Galantas Gold (LSE:GAL) was among the companies that saw the biggest gains on the AIM today. The mineral resource producer increased GBP0.75, or 54.54 percent, to GBP2.12. Stellar Resources (LSE:STG), a holding company for those involved in mineral exploration, also increased today to GBP0.90 – a rise of GBP0.40 or 80 percent.

Mineral resource exploration and development company Obtala Resources (LSE:OBT) dropped on the AIM to GBP6.50, falling GBP1.12 or 14.75 percent. Premier African Minerals (LSE:PREM) also fell by 16.36 percent or GBP0.22 to hit GBP1.15.