The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.
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SMALL-CAP - WINNERS
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Harworth Group PLC, up 2.7% at 142.30 pence, 12-month range 95.40p-146.00p. Shares in the land regenerator edge up. Harworth says it has secured a resolution to grant planning permission from North Yorkshire Council’s Strategic Planning Committee for the development of a major rail-connected industrial and logistics hub at its 185 acre Gascoigne Interchange site in Leeds. The approved plans will see the development of up to 1.5 million square foot of industrial and logistics space. Chief Executive Lynda Shillaw says: ‘Our development at Gascoigne Interchange is another example of Harworth’s unique ability to identify, acquire and transform brownfield sites to generate value, create jobs and increase investment in the region. This development complements Harworth’s extensive pipeline of industrial and logistics sites and we continue to see high demand for high-specification strategically-connected Grade A industrial space.’
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abrdn New India Investment Trust PLC, up 1.2% at 791.20p, 12-month range 528.00p-798.00p. The investor says its net asset value increased in its latest year, but warned shareholders that investing in India ‘means accepting market volatility’. NAV at March 31 was 819.56 pence per share, up from 641.32p at the same time one year prior.
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SMALL-CAP - LOSERS
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Ultimate Products PLC, down 4.3% at 135.00p, 12-month range 113.00p-185.50p. Shares in the owner of homeware brands, including Salter and Beldray, fall. It sees a slow start to 2024, with its stock in the year-to-date down 8.2%.
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