(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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Hochschild Mining PLC, up 5.5% at 70.48 pence, 12-month range 50.40p-175.68p. The gold miner, with assets in the Americas, tracks bullion prices higher. An ounce of gold hit a roughly three-month high of USD1,766.62 earlier on Friday. The precious metal has been boosted by a weaker dollar, in the wake of a cooler-than-expected US inflation reading for October.
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SLF Realisation Fund Ltd, up 7.7% at 6.74 pence, 12-month range 5.07p-15.60p. The closed-ended investment company will return 1.5p per share to ordinary shareholders and 1.5p per C share. The total ordinary share distribution amounts to GBP5.3 million, while the C share return totals GBP2.8 million. "The Distributions will be effected by way of an issue of redeemable B shares and D shares to existing Shareholders pro-rata to their shareholding," SLF said.
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SMALL-CAP - LOSER
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TheWorks.co.uk PLC, down 11% at 30.64p, 12-month range 26.10p-69.30p. The arts and crafts retailer reports an improved first-half, but strikes a cautious tone looking ahead to the key Christmas period. It says: "We remain cautious with regard to how consumer spending might be affected by external factors such as higher inflation and interest rates during the key Christmas season and the remainder of this financial year."
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By Eric Cunha; ericcunha@alliancenews.com
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Hochschild (HOC)
Slf Realisation (SLFR)
Theworks.co.uk. (WRKS)