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1 AIM stock to avoid

1 AIM stock to avoid More on: Image source: Getty Images The stock market can sometimes be like a Premier League season. You keep rooting for the big boys and all of a sudden, a certain Leicester City team outfoxes the whole lot. The Alternative Investment Market (AIM) happens to produce such stocks every now and then. I’m not saying that investing in AIM stocks is good or bad in general, just that they normally happen to be either ‘high-risk high-gain’ or ‘low-risk...
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Source: fool.co.uk

M&C Saatchi PLC raises guidance

Follow John on: A look at some of the major movers in London on Tuesday M&C Saatchi PLC (LON:SAA) climbed 12% to 143.5p after it raised full-year guidance after the first four months of the year exceeded expectations. The advertising agency said new business performance has been robust. The company also announced it has entered into a new revolving credit facility. 10.00am: Powerhouse surges as its partner chooses site for second plastic to hydrogen facility Powerhouse Energy Group PLC (LON:PHE...
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Shefa Gems Ltd to become tech cash shell

Follow John on: A look at some of the major movers in London on Tuesday Shefa Gems Ltd (LON:SEFA), up 56% at 3.5p, had a sparkling day after it announced a sharp change of direction. Previously the company has been focused on exploration and development of multi-gemstone mining projects in Israel but it wants to distribute the companys current mining business to all of the companys existing shareholders via a dividend in specie, raise news funds and look for acquisitions in the web technology a...
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Oil price rally helps FTSE to strong gains | 1 June 2021

1 June 2021 | 16:38pm StockMarketWire.com - The FTSE 100 closed the first day of June up 0.8% at 7,080.46 as oil prices hit $71 per barrel and other commodities rallied, lifting resources stocks. In the US the S&P 500 was more or less flat at 4,206.60 by 4.30pm UK time. Wickes, the DIY chain recently spun out of Travis Perkins, gained 5.3% to 269.5p on guiding for an adjusted full-year profit within the top end of market expectations, following a jump in year-to-date sales. Wickes said the curr...
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Cryptos polarising Dubai realty players

Cryptos polarising Dubai realty players Reuters file photo Farooq Syed, CEO Springfield Properties. Arshad Khan, CEO of Arabian Bourse. Recently, the Dubai Airport Free Zone Authority signed an agreement with the SCA to support the regulation, offering, issuance, listing and trading of crypto assets within the free zone. The Dubai property market remains divided over buying and selling transactions through crypto-assets. The debate heated up since Samana Developers announced that they would exe...
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