TechMARK movers: Dialight in line

LED technology specialist Dialight said overall trading is in line with the board's expectations despite adverse world economics. LED product lines are down 10% versus the first half but have been offset by other parts of the business and the strengthening US dollar. "The continued good progress in the Signals/Illumination segment gives the board confidence in maintaining its current outlook on trading for 2008," it added.Bio-degradable implants developer Inion has reduced its sales forecasts for the current year and warned it needs further funding to achieve its medium-term goals. Sales growth by the end of the year is expected to be approximately 15% to 20%, or in the region of €6m against a previous forecast of approximately €7m. Delayed registration of products in China, destocking by its US CMF distributor and a temporary loss of momentum in two European markets after changes to its distributors are blamed for the reduced revenues. Sales for the nine-month period ended 30 September 2008 were €3.7m, up 8% on 2007 (€3.4m), though sales fell 37% to €1.1m on a quarter by quarter basis in the three months to September.FTSE TechMARK - FallersTorotrak (TRK) 30.00p -18.92%Morse (MOR) 11.75p -12.96%Xaar (XAR) 73.00p -10.98%Indigo Vision (IND) 387.50p -8.82%E2V Technologies (E2V) 88.00p -8.81%Corin Group (CRG) 54.00p -7.69%Dialight (DIA) 127.00p -6.62%Trafficmaster (TFC) 28.50p -6.56%Redstone (RED) 10.75p -6.52%Imagination Technologies (IMG) 110.00p -5.17%FTSE TechMARK - RisersRobotic Technology (RTS) 3.75p +15.38%Vernalis (VER) 4.35p +11.54%BATM Advanced (BVC) 33.00p +6.45%Alizyme (AZM) 6.40p +3.23%Intec Telecom (ITL) 44.50p +2.30%Visonic (VSC) 48.50p +2.11%Phytopharm (PYM) 7.00p +1.74%NCC Group (NCC) 327.50p +1.71%Anite Group (AIE) 32.25p +1.57%Skyepharma (SKP) 185.00p +1.37% Dialight