AIM Round-Up: Strong Chinese Production Data Boosts AIM to 738.74

The Alternative Investment Market (AIM) in London rose by 4.98 points to 738.74 in London Friday. The 0.68 percent increase was fueled by better-than-expected Chinese production data and German exports, according to a report by Investing.com.

Noricum Gold Limited (AIM:NMG) reached a five-month high and increased by 24 percent on the day. The mining company that conducts precious metals research in Austria traded as high as GBP1.22 before settling at GBP0.99.

Mercom Oil Sands (AIM:MMO), an oil sands operator in Canada, saw prices rise by 19 percent or GBP0.08 to GBP0.48 before falling to unchanged as the day went on.

Paternoster Resources (AIM:PRS), posted a 24 percent or GBP0.13 decline to GBP0.40. Prices are still up more than 20 percent on the year.

AIM has gained nearly 30 points in the past month as the global economic recovery has picked up steam. Investors are closely tracking the potential announcement of the United States Federal Reserve, which may decrease its qualitative easing stimulus plan.