The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.
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SMALL-CAP - WINNERS
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International Personal Finance PLC, up 16% at 89.23 pence, 12-month range 71.32p-158.00p. The Leeds-based company, which offers small, unsecured cash loans, says it saw a ‘very good’ first half financial performance underpinning a 23% increase in the interim dividend. For six months ended June 30, revenue was £148.8 million, up from £140.1 million last year, though pretax profit fell to £33.8 million from £43.3 million. IPF raises its interim dividend to 2.7p from 2.2p last year.
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De La Rue PLC, up 4.8% at 80.19p, 12-month range 71.10p-195.60p. Numis raises the banknote printer to ’buy’ from ’add’.
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Marston’s PLC, up 0.9% at 47.40p, 12-month range 43.00p-89.80p. The pub operator says total like-for-like sales for the 42-week period to this past Saturday were down 2% from the same period in financial 2019. Marston’s also says level of customer demand has been encouraging, notwithstanding the uncertainty around the cost of living for consumers. Looking forward, says it remains well placed to deliver positive trading with its balanced estate of predominantly community pubs and investment in outdoor trading areas.
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