The Alternative Investment Market (AIM) climbed to 822.2 points today, an increase of 0.81 points from the previous session. It hit a session high of 823.04 points and a low of 820 points.
Stocks rose following the US jobs report released this morning, The Associated Press reported.
“This is a solid across-the-board jobs report that is consistent with gathering upward momentum in the U.S. economy,” said Neil MacKinnon, global macro strategist at VTB Capital. “From the markets point of view, the jobs report is not an impediment to an early tapering.”
Strategic Natural Resources (LSE:SNRP) was a top gainer on the AIM today, rising GBP3.75, or 90.91 percent, to GBP7.88. Strategic is a natural resources development company with assets in South Africa. African Eagle Resources (LSE:AFE), a nickel exploration and development company in Tanzania, also saw major gains on the market today. The company rose GBP0.05, or 18.18 percent, to GBP0.32.
Stellar Resources (LSE:STG), a holding and investing company focused on mineral exploration, was among the companies that saw the biggest losses on the AIM today. Stellar dropped to GBP0.62, down GBP0.08, or 10.71 percent, from the previous session.
Rare Earth Minerals’ (LSE:REM) share price gained 20 percent on Thursday after the company announced the discovery of four parallel-trending, lithium-bearing clay spaces near the surface in Northern Mexico. The company entered into a joint venture agreement with Bacanora Minerals (TSXV:BCN) to cover these new discoveries.