The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.
----------
SMALL-CAP - WINNERS
----------
Macfarlane Group PLC, up 1.2% at 120.00 pence, 12-month range 82.94p-146.00p. The packaging and label company says it performed strongly in 2021 and ahead of market expectations. For 2021, posts pretax profit of £18,665, up from £12,433 in 2020 on revenue of £264,465, up from £210,227. Macfarlane declares total dividend of 3.20p, up from 2.55p. Looking ahead, expects it will continue to deliver further growth in 2022.
----------
SMALL-CAP - LOSERS
----------
JPMorgan Russian Securities PLC, down 21% at 446.00p, 12-month range 373.00p-894.00p. Raven Property Group Ltd, down 16% at 20.30p, 12-month range 18.49p-36.90p. Hyve Group PLC, down 14% at 91.43p, 12-month range 80.95p-158.20p. Shares in the companies - significantly exposed to Russian business - fell sharply after Russia invaded Ukraine. Raven Property is a property investment company specialising in commercial property in Russia. Hyve Group is an exhibitions organiser which runs events across the UK, US, Turkey, Ukraine and Russia. ‘The prospect of a Russian invasion of Ukraine, which has been keeping markets on edge lately has become a perilous reality with President Putin seemingly undeterred by the barrage of sanctions that preceded today‘s military escalation,’ says Victoria Scholar, head of Investment, interactive investor.
----------
Copyright 2022 Alliance News Limited. All Rights Reserved.
