AIM Round-Up: Up to 853.67 Points Ahead of Economic Data

The Alternative Investment Market rose 0.16 percent or 1.33 points on Friday to trade at 853.67 points. Stocks in neighboring Europe also rose on supportive comments from European Central Bank President Mario Draghi. Markets worldwide are reacting to U.S. employment data for clues about the strength of the nation’s economic recovery, as well. According to Investing.com, the gains in stocks in London today were due to financial and mining companies’ high performance.

Savannah Resources (LSE:SAV) gained 18 percent or GBP1.33 on Friday to trade at GBP7.38. The company, formerly known as African Mining & Exploration Plc, mines and explores for gold in two projects, Karan and Diatissan, in the Republic of Mali. Central Rand Gold Limited (LSE:CRND) also gained on Friday, rising 13.71 percent or GBP2.42 to trade at GBP17.62. Savannah, based in South Africa, is also engaged in gold mining and exploration. Central Rand Gold South Africa Limited is its principal operating subsidiary.

Forte Energy NL (LSE:FTE) lost 32.35 percent or GBP0.15 to trade at GBP0.46 on Friday. Forte is a mineral exploration company operating in Mauritania and Guinea. The company explores for uranium in Mauritania.