PTY.L Share News (PTY)

IT services provider Parity has jumped by more than one-fifth on the back of yesterday's announcement that it had agreed a new asset-based lending facility. PNC Financial Services UK, the UK arm of PNC Business Credit, will provide facilities of up to £3m for the next three years. Chief executive Paul Davies says that this is an important step on the road to returning Parity to profitability. Phoenix IT has been hit by profit-taking following a rise of nearly 10% over the past month. A note from Panmure Gordon on Monday had given the IT services firm an additional boost. The broker increased its dividend forecast from 7.1p a share to 10.5p a share. FTSE TechMARK - Risers Parity Group (PTY) 14.00p +21.74%Skyepharma (SKP) 33.50p +11.67%Smith & Nephew (SN.) 639.50p +5.35%ProStrakan Group (PSK) 87.00p +4.50%Oxford Instruments (OXIG) 619.50p +4.12%Micro Focus International Plc (MCRO) 371.70p +3.80%Consort Medical (CSRT) 478.00p +3.24%XP Power Ltd. (DI) (XPP) 1,087.00p +3.03%Filtronic (FTC) 38.00p +2.70%Domino Printing Sciences (DNO) 543.50p +2.45%FTSE TechMARK - FallersArk Therapeutics Group (AKT) 4.30p -3.37%Corin Group (CRG) 46.00p -2.65%E2V Technologies (E2V) 90.75p -1.89%Phoenix IT Group (PNX) 267.25p -1.75%Sage Group (SGE) 281.00p -1.61%Biocompatibles International (BII) 385.00p -1.60%Renovo Group (RNVO) 45.25p -1.09%KCOM Group (KCOM) 53.25p -0.93%Promethean World (PRW) 57.50p -0.43%Xaar (XAR) 227.50p -0.22%