AIM Index Bounces Back, RC Fornax Soars
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The AIM small-cap index rebounded with a 1.4% gain, boosting market confidence after a 5% drop. The FTSE one hundred surged 4% on Trumps potential Iran conflict resolution. RC Fornax led gainers, surging 45% on new orders, despite brokers maintaining a buy rating at 10.5p. Director moves sparked gains: Everyman cinemas jumped 35% on founders stake hike, Silver Bullet Data soared 33% on investor doubling, and BRCK rose 30% rejecting a lowball takeover. However, Burford Capital plummeted 46% on courts Argentina judgment ruling, Mirriad Advertising tanked on ad tech issues, and Distil spirits fell 22% on revenue shortfalls. Keep an eye on under-the-radar plays like International Biotechnology Trust, trading at a 12.5% discount with strong biotech returns and steady dividends.
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