(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
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SMALL-CAP - WINNERS
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Card Factory, up 7.8% at 80.98 pence, 12-month range 28p-83.50p. Restaurant Group, up 3.8% at 130.40p, 12-month range 134.1p-266.03p. The card retailer and restaurant operator were higher after UK Prime Minister Boris Johnson on Monday confirmed non-essential stores, restaurants, hairdressers and pub beer gardens will reopen from April 12 in England.
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Pendragon, up 6.7% at 17.65p, 12-month range 5.83p-19.08p. Liberum raised its price target on the car dealer to 18p from 12p. In addition, new car registrations in the UK climbed 12% annually in March, the first month of growth since August, an industry body said on Tuesday. New car registrations rose to 283,964 in March, the Society of Motor Manufacturers & Traders said. Though up 12% from a year ago, this is still 37% down on the 10-year average for March. Vehicle hire firm Redde Northgate was up 4.5% at 323p and Lookers was up 11% at 59.60p.
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SMALL-CAP - LOSERS
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Gulf Keystone Petroleum, down 1.8% at 172.38p, 12-month range 58.79p-199.40p. Berenberg downgraded the oil and gas company to Hold from Buy.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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