(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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AIM - WINNERS

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Capital Metals PLC, up 46% at 2.19 pence, 12-month range 0.90-5.79p. The Sri Lanka-focused mineral sands company says that the Supreme Court in Sri Lanka has decided that the decision by the Sri Lanka Muslim Congress to expel Naseer Ahamad from its party is legally valid. Consequently, Ahamad loses his parliamentary seat and his position as Minister of Environment. Chair Greg Martyr says this is a "positive development" as the company believes the minister to be "primarily responsible for the illegal interference" with its licences. "This, together with the recently approved change in mineral licensing procedures, which transfers certain responsibilities to the board of investment, should bode well for our situation but also more generally for the country as it takes steps to improve governance," the chair continues.

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YouGov PLC, up 16% at 799.00 pence, 12-month 650.00-1,185.00p. The research and data analytics firm ups its dividend as annual profit surges 77%. YouGov reports pretax profit surged 77% to GBP44.7 million in the financial year ended July 31, from GBP25.3 million a year earlier. Revenue climbs 17% to GBP258.3 million from GBP221.1 million. The company says this was driven by growth across all of its geographies, despite macroeconomic challenges and difficult trading conditions in some markets during the period. Ups its full-year dividend by 25% to 8.75p from 7.00p. Looking ahead, YouGov says it remains confident in its prospects for financial 2024 and in meeting current market expectations "on a stand-alone basis". Trading for the current financial year has started off in line with expectations.

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Image Scan Holdings PLC, up 12% at 1.90 pence, 12-month range 0.80-2.55p. The X-ray screen system supplier to the security and industrial inspection markets expects to report "strong" sales and profit growth in the financial year ended September 30. Revenue is expected to be GBP3 million, up 50% from GBP3 million the previous year. Predicts to swing to a pretax profit of GBP100,000 from a loss of GBP350,000 the year prior. "The uplift in market activity as mentioned in the interim results has continued and government opportunities which were suppressed or delayed, by Covid and its aftermath, are now actively progressing. The extension of the product range has already borne fruit and offers the company wider opportunities in the Counter Explosive Ordnance portable x-ray marketplace," Image Scan says.

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AIM - LOSERS

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TomCo Energy PLC, down 21% at 0.052 pence, 12-month range 0.050-0.54p. The US-focused oil development firm struggles as the big gains for oil seen on Monday fall back. The initial surge in prices came amid flaring tensions in the Middle East as investors assessed the potential for the conflict to disrupt supply. Back in June, the company also said its cash reserves were "insufficient" to fund ongoing overhead costs "for the next 12 months".

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By Heather Rydings, Alliance News senior economics reporter

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