(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

----------

SMALL-CAP - WINNERS

----------

Galliford Try Holdings PLC, up 3.0% at 245.12 pence, 12-month range 161.00p-260.00p. The building and infrastructure construction firm wins a place on a GBP3.2 billion framework for building affordable homes in the UK. The Newbuild Development Framework is operated by the Communities & Housing Investment Consortium. Galliford will take part in the GBP2.5 billion lot 2 for new build projects and the GBP650 million lot 3 for regeneration projects. Galliford says it expects to access the framework to build low and medium rise affordable apartments for the build-to-rent market.

----------

AEW UK REIT PLC, up 2.1% at 94.30 pence, 12-month range 90.00p-104.20p. Sector M&A movement lifts shares in the real estate investment trust. Tritax Big Box REIT PLC on Monday said UK Commercial Property REIT Ltd has agreed to an all-share takeover offer to create the UK's fourth largest real estate investment trust by market capitalisation, at nearly GBP4 billion. Tritax Big Box shares were 2.6% lower, while UKCM rose 5.0%. Both are FTSE 250 listed.

----------

SMALL-CAP - LOSERS

----------

Capricorn Energy PLC, down 1.0% at 119.00p, 12-month range 118.92p-813.06p. The Egypt-focused upstream energy company falls, tracking Brent prices lower. Brent oil was quoted at USD81.58 a barrel on Monday morning in London, down from USD82.03 late Friday. "Brent crude has retreated a little, as hopes have resurfaced of a pause of attacks in the Middle East, after the Israeli military confirmed strikes had taken place in Southern Gaza but said they have now concluded. This has helped push down oil prices slightly, as concerns about supply constraints in the region eased a little," Hargreaves Lansdown analyst Susannah Streeter commented.

----------

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.