Today, the Alternative Investment Market (AIM) dropped 0.24 percent, or 2.02 points, to 853.67 points.
That downward movement is in keeping with European and global investment and pricing trends — stocks are down across Europe following “a surprise drop in the annual inflation number,” as per Investing.com, while equities worldwide have been lower since the US Federal Reserve announced plans to cut its stimulus program. Disappointing Chinese manufacturing data has also been a negative influence.
One of the AIM’s biggest gainers today was Wessex Exploration (LSE:WSX), which rose an impressive 23.19 percent, or GBP0.097, coming to a price of GBP0.42. The company is engaged in the exploration and development of hydrocarbon projects in the United Kingdom, French Guiana and the Western Sahara.
Not faring so well was Max Petroleum (LSE:MXP), an oil and gas exploration and production company operating in Kazakhstan, which lost 24.24 percent, or GBP0.36, sinking to a price of GBP1.50. African Copper (LSE:ACU), the holding company for a group of mineral exploration and development companies operating in Africa, also declined. It fell 20 percent, or GBP0.14, to hit GBP0.70.