The following stocks are the leading risers and fallers on AIM on Thursday.
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AIM - WINNERS
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Windward Ltd, up 4.8% at 134.15 pence, 12-month range 60.00p-164.00p. The Tel Aviv, Israel-based maritime predictive intelligence company says conflict in the Middle East has ‘not had a material impact’ on its activities. ‘Wins in the commercial sector continue at a steady pace consistent with previous periods, including healthy business expansion from existing customers,’ Windward adds.
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Hutchmed (China) Ltd, up 2.0% at 306.10 pence, 12-month range 190.40p-353.00p. The stock recovers some ground after a 3.2% slide on Wednesday, after stocks in China slumped on investor disappointment surrounding a lack of new stimulus. The biopharmaceutical firm’s shares fell 6.1% in Hong Kong on Tuesday, and shed another 2.2% on Wednesday.
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AIM - LOSERS
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Central Asia Metals PLC, down 1.1% at 189.00p, 12-month range 150.20p-235.00p. Berenberg cuts the miner to ’hold’ from ’buy’. CAM, which owns the Kounrad copper asset in Kazakhstan and the Sasa zinc-lead mine in North Macedonia reported production results on Wednesday. Overall copper production for the first nine months of 2024 fell 1.2% on-year to 10,248 tonnes from 10,377 tonnes. Zinc production was down 7.4% to 13,782 tonnes from 14,891 tonnes and lead output fell 5.0% to 19,736 tonnes from 20,773 tonnes.
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