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(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
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AIM - WINNERS
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Eden Research PLC, up 20% at 4.50 pence, 12-month range 3.26p-9.60p. The sustainable crop protection and animal health firm gets regulatory approval from the United States Environmental Protection Agency for all five petitions it submitted, covering three active ingredients and two formulated products.
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Steppe Cement Ltd, up 6.5% at 32.75 pence, 12-month range 0.24p-33.50p. The construction materials firm says revenue in the six months to June 30 rises 9.1% to USD43.1 million from USD39.5 million a year earlier. Pretax profit is up 56% year-on-year to USD12.0 million from USD7.7 million. In addition, it says it will, later this year, update on plans for a 5p shareholder payout. The distribution will be made in a way that is most tax effective, it says.
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AIM - LOSERS
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musicMagpie PLC, down 71% at 7.95p, 12-month range 7.28p-177.50p. The used-technology reseller warns full-year profit will be lower than expected. For the year ending November 30, it expects profit to be below market expectations. Even the key Black Friday trading period is expected to provide little joy, musicMagpie warns.
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By Eric Cunha; ericcunha@alliancenews.com
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