Koovs, Numis and Condor Gold

“The FTSE100 opened in negative territory with miners among the main fallers. Investors will be looking to a string of UK economic data out this morning, including consumer confidence, current account and final GDP. Eurozone inflation data will also be in focus,” says AJ Bell Investment Director Russ Mould.

“India-focused online fashion group Koovs was an early riser after it unveiled plans to expand into the Middle East and Asia-Pacific markets. Koovs will start its expansion by launching its private label collection in the Middle East this summer on SOUQ.com. But India, which has the fastest growing e-commerce market in the world, will remain its primary focus. The group’s shares were up by more than 4.2% in early trading.

“Stockbroker and adviser Numis was down after warning that first half total income will be moderately lower than last time. The group, though, has a number of corporate transactions which are due to complete in the next few weeks and it remains confident in the out-turn for the full year based on the strength of its pipeline. Numis’s shares were down by 3.7%.

“Condor Gold’s shares rose after it confirmed that work has begun on a drilling programme at its La India project in Nicaragua following a £5.2m fundraising. The programme’s dual objectives are to increase the existing mineral resource and try to find new resources in additional veins. Condor’s shares were up by more than 1.5%.”

These articles are for information purposes only and are not a personal recommendation or advice.