LONDON (Thomson Financial) - GW Pharmaceuticals attracted interest and rose
4 pence to 51 pence following news of narrowing losses at the half-way mark,
with KBC Peel Hunt upgrading the stock to 'hold' from 'sell'.
Also on an upward path, Sibir Energy gained 41 pence to 748 pence after the
company said crude oil production rate at its Salym fields has now exceeded
125,000 barrels per day, a new record.
Still in a firm vein, Ridge Mining rose 6-1/2 pence to 118 pence after news
that discussions are ongoing with unnamed third parties who are interested in
buying into the company's Sheba's Ridge Nickel/PGM project.
Elsewhere, recruiter Harvey Nash ticked up 2 pence to 37 in response to an
upbeat update.
First quarter revenue was up 41 percent, net fee income was up 32 percent
and pretax profit increased in line with revenue over the comparable period last
year.
The company expects full-year results to be in line with its expectations.
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