AIM Round-up: US Jobs Report Boosts Market, Range Resources Up Nearly 22 Percent

The Alternative Investment Market rose 1.19 points or 0.16 percent to 738.91 points on Friday as the markets reacted to economic data released by the US. Stocks rose across Europe on Friday, according to Investing.com, as investors reacted to economic data including the most recent U.S. jobs report. Financial stocks performed particularly well in Britain, according to the source, with resource companies also performing well.

Among the top gainers was Range Resources Limited (LSE:RRL), an Australian oil and gas exploration and production company, which saw an increase of 21.29 percent or GBP0.20 to trade at GBP0.94. Urals Energy (LSE:UEN) also gained, up 19.36 percent or GBP1.79 to GBP9.25. The company released a reserves report for two of its projects this week that indicates a level of oil in reserves sufficient to combat naturally decreasing production at the respective projects. Enegi​ Oil (LSE:ENEG) rose 19.05 percent or GBP0.59 to GBP3.12 on Friday, rounding out the top three gainers on the AIM. Enegi, an oil and gas group, has operations both in Canada and in the U.K.

On the other side of the market, Sula Iron & Gold (LSE:SULA), an exploration company working in Sierra Leone, lost 12.63 percent or GBP0.26 to trade at GBP2.08. Exploration and development company Botswana Diamonds (LSE:BOD) also dropped, losing 12.5 percent or GBP0.33 to trade at GBP2.62.