Top 5 FTSE AIM Risers Of The Day (Thursday, January 30, 2020)

3 min read | January 30, 2020 04:51 PM GMT | By Team Kalkine Media

Broader FTSE AIM Indices of the UK posted steep plunge during the day trading session (before the market close at 03:59 PM GMT). With broader FTSE AIM 100 slumping by 45 points or 0.92% to 4,855.14, the FTSE AIM UK 50 losing 67 points or 1.24% to 5,340.70 and FTSE AIM All-Share declined by 8.0 points or 0.8% to 950.80, respectively.

However, there were several AIM stocks which significantly outperformed the broader trend in the FTSE AIM segment during the day trading session. Here, we are discussing a list of top 5 FTSE AIM performers during the day trading (*before the market close).

03:48 PM GMT; KATORO GOLD PLC (AIM: KAT) – Up 194.12%

Shares of gold mining company AIM: KAT surged 194.12% to GBX 2.50. The stock price spurted by the strategic announcement made by the company today. It announced that it has entered into a binding conditional agreement to participate in a strategic gold production opportunity in South Africa. Also, it has raised £397,000 in the form of a Convertible Loan Note. Stocks of gold miner recorded large swings during the day trading, with a peak of GBX 3.55 and a bottom of GBX 0.75, respectively.

03:50 PM GMT; CLOUDBUY PLC (AIM: CBUY) – Up 60.0%

Stocks of micro-cap software company AIM: CBUY surged 60% to GBX 0.20 and pared approximately half of the losses it accumulated in the last trading session (as stock ended 37.5% lower at GBX 0.125). In Thursday’s session, the stock has touched a peak of GBX 0.20 and a bottom of GBX 0.10, respectively.

03:53 PM GMT; BAHAMAS PETROLEUM COMPANY PLC (AIM: BPC) – Up 24.53%

Shares of Offshore Drilling and Other Services provider AIM: BPC nudged 24.53% to GBX 3.30, and during Thursday’s trading hours its shares touched an intraday high of GBX 3.50 and a low of GBX 2.67, respectively. The company, in its latest trading update stated that it is on track to deliver Perseverance #1 exploration well results in Q2 2020.

03:55 PM GMT; KIBO ENERGY PLC (AIM: KIBO) – Up 23.46%

Shares of general mining company AIM: KIBO was among the top 5 best performing FTSE AIM stocks for the day and traded 23.46% higher to GBX 0.50. During January 30, trading session, its shares posted a day’s high of GBX 0.65 and a low of GBX 0.41, respectively.

03:57 PM GMT; AUKETT SWANKE GROUP PLC (AIM: AUK) – Up 23.08%

Engineering and Contracting Services provider AIM: AUK reported its full-year financial results for the year ended September 30, 2019. A major financial turnaround reported by the company during the period under consideration, with Profit before tax restored at £292,000 against the loss of £2.54m. Post company’s announcement of a major financial turnaround, its shares surged 23.08% to GBX 2.40 and registered an intraday high of GBX 3.15 and an intraday low of GBX 2.0, respectively.


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