(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.
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SMALL-CAP - WINNERS
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Pendragon, up 4.7% at 18.84 pence, 12-month range 7p-21.34p. Automotive seller gets boost from positive read-across from car dealership chain Inchcape Group PLC. FTSE 250-listed Inchcape shares rise 3.6% on Friday after saying performance in recent weeks has topped expectations. Since its first quarter update in late-April, Inchcape has seen "encouraging trends", the automotive distribution, retail and services company notes. Inchcape expects annual pretax profit, before exceptional items, to top consensus forecasts of GBP216 million, so at least a 68% hike from GBP128.9 million in 2020.
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SMALL-CAP - LOSERS
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Halfords Group PLC, down 3.2% at 412.70p, 12-month range 130p-439.2p. Stock pulls back after rising 5.0% on Thursday as it posted annual profit surge amid cycling boom in UK during lockdown. The company declared a final dividend of 5.00p, having paid nothing for financial 2020. Halfords said it has positive on outlook for financial 2022 and plans a full-year dividend of 9.00p.
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By Lucy Heming;Â lucyheming@alliancenews.com
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Inchcape (INCH)
Halfords (HFD)