The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
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SMALL-CAP - WINNERS
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Gulf Marine Services PLC, up 3.2% at 19.04 pence, 12-month range 10.35p-24.60p. The provider of self-propelled and self-elevating support vessels for the offshore energy sector raises its yearly outlook. It now expects 2024 adjusted earnings before interest, tax, depreciation and amortisation in the range of $96 million to $101 million. For the first nine months of the year, revenue rises 11% to $126.1 million from $113.3 million. Its adjusted Ebitda increases 12% to $76.1 million from $67.7 million.
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SMALL-CAP - LOSERS
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Georgia Capital PLC, down 12% at 910.00p, 12-month range 830.00p-1,396.00p. The investor in domestic Georgian businesses falls amid political uncertainty in the nation. The Georgian opposition called for protests on Monday and the EU demanded an investigation into ‘irregularities’ after a disputed legislative vote that showed a win for the ruling party, AFP reports. Bank of Georgia Group PLC falls 7.0%.
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EnQuest PLC, down 3.2% at 11.03p, 12-month range 9.95p-17.82p. The oil and gas company, with operations in the UK and Malaysia, tracks oil prices lower. Brent falls to around $71 a barrel, as an Israeli attack on Iran did not hit the nation’s oil infrastructure.
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