The following stocks are the leading risers and fallers on AIM in London on Tuesday.
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AIM - WINNERS
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Manx Financial Group PLC, up 14% at 9.40 pence, 12-month range 0.070p-9.40p. The stock surges to a 12-month high after the Isle of Man-based financial services firm reports strong first-half results. Net trading income in the first six months of 2022 rises 30% to £11.5 million from £8.7 million. Pretax profit more than doubles to £2.3 million from £1.1 million.
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musicMagpie PLC, up 14% at 9.40p, 12-month range 5.15p-177.50p. Shares in the used technology reseller surge, clawing back some of Monday’s 68% loss. On Monday, it warned profit will be below market expectations in the year ending November 30.
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AIM - LOSERS
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Pressure Technologies PLC, down 43% at 36.00p, 12-month range 33.50p-103.00p. Shares in the engineering firm slump as now expects to post an adjusted operating profit loss for the year ending October 1. In the prior year, it reported an adjusted operating loss of £700,000. It also notes supply chain disruption means that ‘significant revenue’ has been delayed into the first half of the new year.
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