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TechMARK movers: Standard increases Kewill stake

Mon, 26th Oct 2009 16:12
Logistics software supplier and developer Kewill Systems rose on the back of the news of a purchase of 310,000 shares by Standard Life. Standard bought the shares on 22 October - the same day that Kewill announced a contract with Dutch-based logistics services provider C Steinweg Handelsveem.Standard owns 8.17% of Kewill making it the software company's third largest shareholder behind JO Hambro and AXA. AXA has cut its stake in Alphameric, sending the betting technology services provider's share price lower. The insurer sold just over 101,000 shares at 33.75p each. The loss of a client reduced AXA's stake in Alphameric by a further 15,000 shares, taking it to 1.52%This follows last week's sale of 6m shares at 33p each by Playtech founder Teddy Sagi. Alphameric remains in talks with a potential bidder but there is no news about how well they are progressing. FTSE TechMARK - RisersMorse (MOR) 38.50p +4.76%Trafficmaster (TFC) 40.50p +3.85%DRS Data (DRS) 15.00p +3.45%Cable & Wireless (CW.) 145.10p +2.91%ProStrakan (PSK) 112.00p +1.82%QinetiQ Group (QQ.) 140.00p +1.82%Alterian (ALN) 190.00p +1.60%Kewill (KWL) 101.00p +1.25%Optos (OPTS) 94.00p +1.08%Microgen (MCGN) 84.00p +0.60%FTSE TechMARK - FallersVernalis (VER) 85.00p -6.59%Biocompatibles International (BII) 232.00p -6.26%Skyepharma (SKP) 80.00p -5.88%Ark Therapeutics (AKT) 45.00p -5.76%Emblaze (BLZ) 48.25p -5.39%Oxford Biomedica (OXB) 13.75p -5.17%Renovo Group (RNVO) 23.25p -5.10%Alphameric (ALM) 32.00p -4.48%Phytopharm (PYM) 16.25p -4.41%GB Group (GBG) 22.25p -4.30%

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