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AIM Round-Up: Uncertainty Boosts AIM to 892.7 Points
The Alternative Investment Market rose 6.4 points, or 0.72 percent, to 892.7 points on Friday.
The Alternative Investment Market (AIM) rose 6.4 points, or 0.72 percent, to 892.7 points today. Stocks in neighboring Europe also rose, including the EURO STOXX 50, France’s CAC 40 and Germany’s DAX 30, according to Investing.com.
Tensions in Crimea prompted caution in investing, as did Russian President Vladimir Putin ordering Russian troops to begin military exercises near Ukraine. Several releases of economic data from the Eurozone and the US are expected later in the day.
Central Rand Gold (LSE:CRND) today gained 30 percent, or GBP3.9, coming to GBP13. Central Rand Gold is a holding company engaged in gold mining and exploration in South Africa’s Central Rand Goldfield. Rose Petroleum (LSE:ROSE) also rose, gaining 22.22 percent, or GBP0.12, to trade at GBP0.55. The company, formerly VANE Minerals, focuses on European oil and gas assets. It also produces gold and silver in Mexico and explores for copper and uranium in the US.
Faring less well today was Sacoil Holdings (LSE:SAC), which lost 12.31 percent, or GBP0.35, to trade at GBP2.85. The company is an independent African oil and gas upstream company with interests in Nigeria, the DRC and South Africa. It also produces and processes manganese.
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