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The broader AIM indices of the London Stock Exchange-traded in the red zone, with the FTSE AIM UK 50 down 11.53 points or 0.21% to 5,366.38, the FTSE AIM 100 declining 2.83 points or 0.06% to 4,861.83 and the FTSE AIM AllShare trading marginally lower to 952.10, respectively.
However, despite a broader sell-off trend in the AIM segment of the London Stock Exchange, there were specific counters which significantly outperformed the benchmarkâs performance on Tuesday (January 28, 2020). Â Here we are sharing a list of top five AIM risers of the day:
02:20 PM GMT; GEORGIAN MINING CORP (AIM: GEO) â Up 187.27%
Shares of AIM: GEO surged 187.27% to GBX 2.37, over companyâs announcement that joint venture company Georgian Copper & Gold JSC ('GCG'), in which GEO holds a 50% interest, has received confirmation of tenure from the National Agency of Mines, ('NAM') for two key deposits in the Bolnisi Project licence area, namely Kvemo Bolnisi East and Dambludi. During the day trading (before the market close) its shares touched an intraday high of GBX 2.45 and a low of GBX 0.82, respectively.
02: 22 PM GMT; YU GROUP PLC (AIM: YU) â Up 15.56%
Multi Utility company AIM: YU reported its trading update for the year ended as on January 28, 2020, in which the company stated that its revenue is expected to surge by around 35% on a YoY basis, well above the consensus market expectation. Following the trading update, its stocks nudged approximately 15.5% to GBX 130.0. During the day trading hours (before the market close), its stocks registered an intraday high of GBX 142.50 and a low of GBX 122.50, respectively.
02: 25 PM GMT; ITACONIX PLC (AIM: ITX) â Up 13.72%
The leading innovator in sustainable speciality polymer AIM: ITX announced an expansion of its high-performance detergent polymer offerings with the introduction of Itaconix® TSI⢠322 at this week's American Cleaning Institute Convention in Orlando, Florida. Following the companyâs announcement, its stocks surged 13.72% to GBX 1.45 and registered an intraday high of GBX 1.50 and a low of GBX 1.25, respectively.
02:27 PM GMT; SOPHEON PLC (AIM: SPE) â Up 13.57%
Stocks of computer and software services provider AIM: SPE surged 13.57% to GBX 795.0. During the day trading hours, its shares touched an intraday high of GBX 825 and a low of 720, respectively. A volume gush supported the rally during the day trading hours, as the number of shares that changed hands during the day session stood at 45.099k against the 20-day average daily traded volume of 12.33k.
02: 30 PM GMT; VERDITEK PLC (LON:VDTK) â Up by 11.63%
Clean technology company AIM: VDTK announced the appointment of Ravinder Shan as its Chief Sales and Communications officer. With Ravinder's appointment as CSO Verditek has refocused the companyâs sales strategy to develop vertical commercial solutions for their key markets. Its shares traded 11.63% higher to GBX 2.40, and during the day trading session, the stock registered an intraday high of GBX 2.40 and a low of GBX 2.15, respectively.
