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Positive data from France and supportive comments out of the European Central Bank supported the AIM on Friday.
On Friday, positive data out of Europe brought the Alternative Investment Market (AIM) up 7.06 points, or 0.81 percent, to 876.04 points.
European stocks made positive strides on Friday following encouraging industrial production data out of France and supportive remarks by European Central Bank President Mario Draghi about the action of the bank and its accommodating monetary policy.
Mining stocks were also up on Friday, with top risers including oil exploration company Petro Matad (LSE:MATD). Petro Matad was up 22 percent, or GBP1.676, to GBP7.62. Victoria Oil (LSE:VOG), an oil and gas development company operating in the Former Soviet Union and Africa, climbed 21.95 percent, or GBP0.329, to GBP1.50. Friday’s top gainer was phosphate company Sunkar Resources (LSE:SKR), which jumped 23.18 percent, or GBP1.256, to a price of GBP5.42.
Among the companies that posted losses on Friday was Kalimantan Gold (LSE:KLG) with a decline of 18.18 percent, or GBP0.204, to GBP1.12. Bezant Resources (LSE:BZT), which has projects in the UK, Tanzania, Argentina and the Philippines, was also down on Friday with a drop of 10.77-percent, or GBP1.562; it ended up at GBP14.50.