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The following stocks are the leading risers and fallers on AIM on Monday.
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AIM - WINNERS
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OptiBiotix Health PLC, up 7.4% at 8.32 pence, 12-month range 7.50p-23.50p. The life sciences firm has won a deal with a ‘well-known weight management company’. OptiBiotix, which makes products aimed at reducing food cravings, says the deal is in the low six-figures.
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Ixico PLC, up 7.0% at 11.50p, 12-month range 7.35p-15.00p. The medical research company has won a contract with a global pharmaceutical company to provide imaging services for a phase 3 trial in Huntington’s Disease. The deal is worth £3.5 million over four years.
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AIM - LOSERS
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Polar Capital Holdings PLC, down 4.0% at 526.00p, 12-month range 340.50p-590.00p. The fund manager reports a rise in assets under management but notes ‘the macro environment is uncertain and likely to remain volatile’. Assets under management at September 30 were up 25% at £26.7 billion at the September 30 half-year end, from £21.4 billion in March. Net outflows during the period, however, total £690 million, compared to inflows of £472 million a year prior. The AuM increase, which took it to an all-time high, stemmed from a £6.3 billion boost from investment performance and market movement, Polar Capital says.
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