AIM Round-Up: AIM Up to 780.12 Points, but Commodities Companies Down

- September 13th, 2013

The Alternative Investment Market in London was up September 13 to 780.12 points, a rise of 0.36 points since the previous session.

The Alternative Investment Market (AIM) in London was up September 13 to 780.12 points, a rise of 0.36 points from the previous session. The AIM hit a high of 781.83 points today and a low of 778.82 points.

Mining and energy exploration companies did not experience major gains on the AIM today. Rialto Energy (LSE:RIA), an Australia-based oil and gas exploration and production company, fell on the market GBP0.37, or nearly 19 percent, to GBP1.58.

SolGold (LSE:SOLG) also fell on the AIM. The gold company hit GBP8.50, a drop of GBP1.28, or 13.04 percent. Gold stocks have fallen this week, with today’s prices hitting low levels not seen for more than a month.

Industrial metals were trading lower on the LME today due to falling demand among industrial users and rising fears surrounding the Federal Reserve curbing its stimulus program this month, the Press Trust of India reported.

Commodity producers on other European markets also saw declines today, with natural resources company BHP Billiton (LSE:BLT,ASX:BHP,NYSE:BHP) and major miner Anglo American (LSE:AAL) dropping more than 2 percent, Bloomberg reported. Investors remain cautious awaiting news on Syria turning over its chemical weapons.

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