Top 5 FTSE AIM Risers of the day (Friday, January 31, 2020)

January 31, 2020 05:05 PM GMT | By Hina Chowdhary
 Top 5 FTSE AIM Risers of the day (Friday, January 31, 2020)

Broader equity indices of the London Stock Exchange declined for the second straight day, with the FTSE 100 index extending its losses by 100 points or 1.32% to 7,285.65 and the FTSE 250 trading 109.6 points or 0.51% lower to 21,182.71, respectively.

However, Alternative Investment Market- a sub-segment of the London Stock Exchange showed a mixed trend, with the broader FTSE AIM 100 Index up by 8.5 points or 0.17% to 4,886.80, the FTSE AIM UK 50 down 1.0 points or 0.03% to 5,341.56 and the FTSE AIM All-Share up by 0.36 points or 0.04% to 951.77, respectively.

Although, despite a mixed trend in the broader AIM indexes, there were many scripts listed on the AIM-segment of the London Stock Exchange, which majorly outperformed the broader trend in the AIM segment.

Here, we are sharing a list of top five FTSE AIM risers, today (before the market close)

03:21 PM GMT; BILLING SERVICES GROUP (AIM: BILL) – Up 60.53%

The £3.13m market-cap AIM: BILL is a leading provider of telecommunications clearing and financial settlement products, Wi-Fi data solutions and verification services. It has announced that following a competitive sale process; the group has entered into a conditional agreement for the disposal of all of the assets of the Company's wholly-owned subsidiary - BSG Wireless Limited, to Single Digits Connection, LLC for approximately US$5,250,000 in cash.

This announcement has sent its stocks 60.53% higher to GBX 3.05, and in Friday's session, its shares touched a day’s high of GBX 3.50 and a low of GBX 2.50, respectively.

03:22 PM GMT; GRC INTERNATIONAL GROUP PLC (AIM: GRC) – Up 41.94%

Software and Computer services provider AIM: GRC today announced that it has entered into a deed of variation to the sale and purchase agreement dated February 11, 2019, relating to its acquisition of DQM Group Holdings Limited. Together with this, the group has proposed to raise £3.75m, by the conditional placing of 28,846,154 new Ordinary Shares at 13p/share. The proceeds will boost the group's working capital. Its stocks moved up by 41.94% to GBX 22.00, and in Friday's session, its shares touched a day’s high of GBX 22.00 and a low of GBX 15.50, respectively.

03:24 PM GMT; BYOTROL PLC (AIM: BYOT) – Up 26.76%

A volume spurt in the AIM: BYOT stocks leapt up by 26.76% to GBX 2.25. The number of shares that changed hands in this script was at 19.78m against 20-day average traded volume of 3.34m, which reflects that today's volume is approximately 5.9 times of the 20-day average volume. In the day trading hours (before the market close), the stock hit a high of GBX 2.50 and a low of GBX 1.77, respectively.

03:27 PM GMT; LEKOIL LIMITED (AIM: LEK) – Up 12.26%

Shares of crude oil producer AIM: LEK pared all the losses of the previous trading session and shot up by 12.26% to GBX 3.25. Also, in the day trading session, its stocks registered an intraday high of GBX 3.50 and a low of GBX 2.97, respectively.

03:29 PM GMT; TRANS-SIBERIAN GOLD PLC (AIM: TSG) – Up 14.70%

After three consecutive days of fall shares of AIM: TSG recovered most of the losses as it traded 14.70% up against the yesterday closing price to GBX 52.50. However, day traded volume of 446.28k was slightly below the 20-day average traded volume of 478.5k. During the day’s trading (before the market close), its shares touched a peak level of GBX 53.50 and a bottom level of GBX 47.50, respectively.

*Note: All figures are before the market close as on January 31, 2020


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