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(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.
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SMALL-CAP - WINNERS
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Manchester & London Investment Trust PLC, up 8.4% at 541.80 pence, 12-month range 471.18p-642.00p. The investment trust tracks US tech shares higher. Among its investments are Alphabet Inc. The Google owner's A stock surges 11% in pre-market trade on Wednesday after strong quarterly results late Tuesday.
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Goodwin PLC, up 6.2% at 3,293.50 pence, 12-month range 2,720.00p-4,000.00p. The engineer rises during a strong day for the wider industrial sector. The UK government will publish its long-awaited blueprint for "levelling up" the country. The White Paper will set out a series of wide-ranging national "missions" – from improving public transport to ensuring access to 5G broadband – to be enshrined in law.
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Empiric Student Property PLC, up 6.0% at 93.30 pence, 12-month range 68.00p-103.00p. The London-based owner and operator of student accommodation says its revenue occupancy figure for the 2021-22 academic year improves to 84% from 68% a year earlier.
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SMALL-CAP - LOSERS
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McColl's Retail Group PLC, down 5.0% at 7.60p, 12-month range 7.41p-40.80p. The stock hits a record low on Wednesday. In recent months, supply chain trouble has hit the Brentwood-based convenience store and newsagent operator's trading. So far in 2022, shares have fallen 35%. It suffered a bruising 11% fall on January 14 after Chief Commercial Officer Richard Crampton resigned in order to take up the position of director of Fresh Food at blue-chip grocer J Sainsbury PLC.
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By Eric Cunha; ericcunha@alliancenews.com
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