TechMARK movers: Gartmore buys into Parity

Shares in training company Parity rose following Gartmore Fledgling Investment Trust's announcement on Wednesday afternoon that it had acquired a 5.66% stake. This follows Aberforth Smaller Companies Trust's reduction in its Parity stake at the end of March. Shares in Parity have been in decline since last August when the company fell into loss at the interim stage. Parity swung from a profit to a small loss after exceptional items in 2009. Revenues declined from £132m to £119m. Parity said that it was not expecting much improvement in trading this year. Shares in the insurance software and services provider The Innovation Group appear to have been hit by the sale of 10,000 shares just before midday. Yesterday, TIG announced that its software contract with one of the world's largest vehicle management groups extended by three years. The contract extension will start from January 2011 and it will be worth at least £10m over the three year periodFTSE TechMARK - RisersBATM Advanced (BVC) 42.50p +5.59%Parity Group (PTY) 9.00p +5.56%Anite Group (AIE) 31.50p +5.00%Wolfson Microelectronics (WLF) 164.25p +3.96%Emblaze (BLZ) 48.50p +3.74%Trafficmaster (TFC) 37.00p +3.50%Imagination Technologies (IMG) 260.80p +3.49%Kofax (KFX) 234.00p +3.08%COLT Telecom Group S.A. (COLT) 135.40p +3.04%Psion (PON) 86.00p +2.38%FTSE TechMARK - FallersArk Therapeutics (AKT) 9.75p -4.88%Phytopharm (PYM) 11.00p -4.55%XP Power (XPP) 585.00p -2.82%Torotrak (TRK) 24.00p -2.08%Innovation Group (TIG) 12.25p -2.00%Renovo Group (RNVO) 25.00p -1.96%Triad Group (TRD) 31.00p -1.61%Vislink (VLK) 23.50p -1.06%Network Technology (NTY) 2,525.00p -0.99%Corin Group (CRG) 72.50p -0.68% Team Internet