(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.
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SMALL-CAP - WINNERS
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Avon Protection PLC, up 6.7% at 1,088.50 pence, 12-month range 732.00p-2,098.00p. The personal protection equipment maker rises as it wins a first delivery order from the US Army for a "next generation" helmet. The order is worth USD42.1 million.
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SMALL-CAP - LOSERS
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Marston's PLC, down 3.9% at 35.57p, 12-month range 34.71p-85.00p. Worries about dwindling consumer confidence, as well as a poor read-across from peer Mitchells & Butlers PLC, hit shares in the pub operator. Mitchells & Butlers on Thursday welcomed UK energy price cap measures but warned it expects its total energy and utility costs to be doubled from pre-virus levels. Mitchells & Butlers is down 7.4%.
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Foxtons Group PLC, down 8.5% at 30.19p, 12-month range 30.00p-53.20p. The stock falls to a 12-month low on a day when the wider residential property sector struggles. Property listing portal Zoopla warns price sensitivity is showing signs of returning to the UK housing market as house buying power takes a hit, amid recent Bank of England rate hikes.
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By Eric Cunha; ericcunha@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
Avon Protection (AVON)
Marstons (MARS)
Foxtons (FOXT)
Mitchells & Butlers (MAB)