The shares of 27 AIM companies have doubled or better so far in 2018. For those that don't know, AIM is the Alternative Investment Market, the junior trading platform of the stock market designed to nurture small, growth companies. While the rewards can be substantial, so are the risks, a point illustrated by Bahamas Petroleum (BPC:AIM) today. Its stock tanked more than 60% on Friday 24 ...

The potential opening up of the US sports betting industry has breathed new life into micro-cap gambling company Webis (WEB:AIM) and made its shares the second best performing stock year-to-date with a 584% gain. Webis conducts live pari-mutuel racing and online wagering services through its WatchandWager brand and has a licence to accept wagers from residents in various US states. It is now ...

Shares in several UK betting stocks are enjoying a rare moment in the sun as a court ruling opens the door for sports betting to be legalised in multiple US states. However, some observers are warning the market not to get carried away with the news. Broker Davy cautions against ‘assuming too big a prize too soon’. ‘The shape of a regulated landscape is yet to be determined, with many ...

Shares in a number of UK-quoted gambling firms have shot up in value following news that sports betting could be legalised on a multi-state basis in the US. William Hill (WMH) jumps by 8.3% to 306.2p, 888 (888) advances by 13% to 305.6p, Sportech (SPO) jumps by 11% to 69.5p, GVC (GVC) moves 5.1% higher to 920p and Webis (WEB:AIM) rises by 65% to 1.65p. Paddy Power Betfair (PPB), the UK's ...

A sharp drop in demand for residential property sends housebuilders into a spin during early trading on the stock market in London. The FTSE 100 is down 0.8% at 6,253 on the back of choppy overnight trading which saw losses in Tokyo and gains in New York. European markets also trade lower this morning. In London, all eyes are on Royal Institute of Chartered Surveyors (RICS) data which ...

UK stocks rally back into positive territory in early trade on Tuesday bouncing back as oil prices recover from lows in the previous session after a disappointing meeting between global producers in Doha. The FTSE 100 index rises around 30 points, or 0.5%, to 6,385, while midcaps put in an even greater rally, the FTSE 250 jumping 1.2% and back over the 17,000 mark at 17,087. In corporate ...

London stocks ease lower in early trade on Monday ahead of a busy week that will include important data for the Bank of England and the Federal Reserve in deciding when to increase interest rates. The FTSE 100 index slides around 17 points, or 0.3%, to 6,532, with midcaps also lower, the FTSE 250 down 15 points, or 0.1%, at 17,606. In company news, British plumbing supplies company Wolseley ...