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Pin to quick picksMercantile Ports & Logistics Share News (MPL)

Share Price Information for Mercantile Ports & Logistics (MPL)

London Stock Exchange
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Share Price: 1.65
Bid: 1.55
Ask: 1.75
Change: 0.00 (0.00%)
Spread: 0.20 (12.903%)
Open: 1.61
High: 1.65
Low: 1.61
Prev. Close: 1.65
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AIM WINNERS & LOSERS: Mercantile Ports jumps on pact; Avacta recovers

Wed, 23rd Jun 2021 10:28

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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AIM - WINNERS

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Mercantile Ports & Logistics Ltd, up 48% at 0.86 pence, 12-month range 0.20p-0.95p. The port and logistics firm based in India secures multi-year pact with Esquire Shipping & Trading Pvt Ltd and Sai Om Petro Specialties Ltd worth GBP7 million. The contract has an initial 10-year term which can be extended by a further five. The two firms will provide cargo handling services at Mercantile's Karanja port.

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Braveheart Investment Group PLC, up 12% at 48.10 pence, 12-month range 11.65p-140.20p. Investee Paraytec Ltd's Covid-19 test achieves 94% sensitivity and 100% specificity. Braveheart and Paraytec begin talks with potential commercial partners.

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Touchstar PLC, up 12% at 81.20 pence, 12-month range 35.80p-93.50p. Supplier of mobile data computing services says its year-to-date performance tops expectations. Order book rises 50% since year end to over GBP750,000.

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Avacta Group PLC, up 9.6% at 183.02 pence, 12-month range 88.66p-291.80p. Shares in the developer of diagnostics and cancer therapies recover, snapping streak of three successive days of losses. Avacta shares are still 19% lower than they were on Thursday.

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AIM - LOSERS

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Myanmar Investments International Ltd, down 21% at USD0.30, 12-month range 0.25p-0.77p. Soldiers in Myanmar fought with anti-junta civilian militia on Tuesday. Violence has erupted in Myanmar since a coup in February.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
15 Feb 2023 15:56

Mercantile Ports shares jump as it handles first Navi Mumbai container

(Sharecast News) - Mercantile Ports & Logistics (MPL) announced the successful handling of the first container freight at its port and logistics facility in Navi Mumbai, Maharashtra, India on Wednesday.

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15 Feb 2023 11:22

Mercantile Ports signs MoU with operator of terminal at major port

(Alliance News) - Mercantile Ports & Logistics Ltd on Wednesday said it has handled its first container freight at its facility in Navi Mumbai, India, and has signed a new memorandum of understanding.

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22 Dec 2022 14:59

Mercantile Ports upbeat after strong fourth quarter

(Sharecast News) - Mercantile Ports & Logistics, which is operating and developing a port and logistics facility in Navi Mumbai, Maharashtra, India, announced on Thursday that after a "strong" final quarter of trading, it expected to meet revenue forecasts for the 2022 financial year.

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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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13 Jan 2022 12:41

Mercantile Ports shares down as 2021 revenue to be lower than expected

Mercantile Ports shares down as 2021 revenue to be lower than expected

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27 Oct 2021 11:10

IN BRIEF: Mercantile Ports & Logistics loss widens in first half

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TRADING UPDATES: Marlowe buys; Galliford snaps up nmcn's Water unit

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AIM WINNERS & LOSERS: SIMEC Atlantis tumbles on Uskmouth project delay

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20 Aug 2021 13:55

IN BRIEF: Mercantile Ports raises GBP10 million via share placing

IN BRIEF: Mercantile Ports raises GBP10 million via share placing

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20 Aug 2021 10:28

Mercantile Ports raises £10m to fund contracts, construction

(Sharecast News) - Mercantile Ports & Logistics has raised £9.6m before expenses under a placing and subscription, it announced on Friday.

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19 Aug 2021 17:32

IN BRIEF: Mercantile Ports & Logistics to raise GBP9.5 million

IN BRIEF: Mercantile Ports & Logistics to raise GBP9.5 million

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30 Jun 2021 20:32

TRADING UPDATES: Inland Homes loss slims; Velocity outlook optimistic

TRADING UPDATES: Inland Homes loss slims; Velocity outlook optimistic

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23 Jun 2021 11:25

IN BRIEF: Mercantile Ports shares surge on long-term contract

IN BRIEF: Mercantile Ports shares surge on long-term contract

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