AIM Round-Up: Negative Economic Data Weighs on AIM

The London Alternative Investment Market (AIM) was down 0.76 points, to 808.38 points, November 15. The market reached a high of 811.41 points earlier in the session before hitting the session low.

Negative economic data from the euro zone released November 14 continued to weigh on European stocks today, Investing.com reported. However, news from US Federal Reserve chair nominee Janet Yellen that sparked hope the central bank would continue its monthly bond-buying program into next year kept the market from falling further today.

ECR Minerals (LSE:ECR) was a top gainer on the AIM today. The mineral exploration and development company engaged in copper and gold exploration rose GBP0.08 or 20 percent to reach GBP0.48.

Polemos (LSE:PLMO), which has direct and indirect interests in oil and gas exploration, development and production assets in Africa, also experienced gains on the market today. The company rose GBP0.02 or 10.26 percent to GBP0.22.

Other mining and energy companies fell on the AIM today, however. Antrim Energy (LSE:AEY), an international oil and gas company, was among those that fell on the market. Antrim dropped GBP1.62, nearly 30 percent from the previous session, to GBP4.25.