The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
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SMALL-CAP - WINNERS
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JPMorgan Russian Securities PLC, up 5.5% at 696.00 pence, 12-month range 590.00p-894.00p. Shares in the Russia-focused equity fund rise after falling 2.1% on Monday amid the threat of war. Russia has begun withdrawing troops deployed in the south and west of the country, near Ukraine’s border, back to their permanent bases, the Defence Ministry says on Tuesday, without giving an exact number.
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John Menzies PLC, up 3.9% at 483.00 pence, 12-month range 202.50p-492.00p. The Edinburgh-based aviation services and cargo handling once again hits out at an ‘opportunistic’ takeover approach by Agility Public Warehouse. The bid does not take into account management actions not yet reflected in its valuation, up to £200 million in new revenue over the medium term, and a ‘pipeline of higher margin opportunities’.
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SMALL-CAP - LOSERS
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Foxtons Group PLC, down 4.8% at 38.05p, 12-month range 36.05p-75.80p. Shares in the estate agent fall on Tuesday after four successive sessions in the green. During that run, the stock advanced 8.0%. The stock had hit a 12-month low last week Tuesday.
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