Risers & Fallers: Lonmin Petroceltic Hikma SABMiller SKIL Ports & Logistics and more...


(MENAFN- ProactiveInvestors)Below are some of the main news-driven share price movements at 12.30pm RISERS SKIL Ports & Logistics (LON:SPL) up 7.25%. The company which is in the process of building a port in Mumbai India has re-mobilised its workforce after community issues took three months to resolve. The port is expected to be part operational in the first half of next year. Petroceltic (LON:PCI) up 5%. The oil & gas minnow has taken another step towards production at its Ain Tsila gas field in Algeria by shortlisting four companies to award the engineering procurement and construction contract to. Hikma Pharmaceuticals (LON:HIK) up 4.4% Hikma maintained its full year group revenue guidance at about 2% on a reported basis or 6% at constant currencies and kept its dividend flat despite lower first half revenue and profit.   FALLERS Lonmin (LON:LMI) down 14.79%. A report suggested the miner's options to refinance its debt next year are getting tougher as the plunge in shares continues to deepen. Its market cap is now US$163mln while its debt facilities in need of renegotiating next year are around US$563mln. EnQuest (LON:ENQ) down 5.26%. The North Sea operator with assets off the coast of Malaysia reported a strong operational performance in the first half of the year but was hit by the sharp fall in the oil price. SABMiller (LON:SAB) down 1.1%. Nomura analyst Edward Mundy said the brewer which owns the South African brand Castle will take a 6% hit on earnings per share as a result of adverse currency moves with the rand and the Colombian peso particularly affected.   Below are some of the main news-driven share price movements at 9.30am  RISERS Sunrise Resources (LON:SRES) up 25.58%. The company said it will kick-off drilling at its Bay State silver project in Nevada next week. It signed a deal with Boart Longyear to undertake the work. One drill hole will specifically target an area which recently yielded 'bonanza silver grades' in underground sampling. Jelf Group (LON:JLF) up 18.1%. The company confirmed that it is in talks with Marsh with a view to a potential cash offer for Jelf. Discussions are 'at an early stage and there can be no certainty that any offer will ultimately be made for Jelf or as to the terms of any such offer' the company said. Admiral (LON:ADM) up 4%. Reduced losses in the international business boosted by Conte its Italian business which made its first profit. In the UK car insurance profit rose 6% while overall the firm stated that it had more than 4mln members in the first half.   FALLERS African Potash (LON:AFPO) down 16.98%. The company moved quickly this morning to deny a "speculative and unfounded" report in the Daily Mail suggesting the company might be looking at a share placing at a significant discount to the current share price. "No such placements are being considered" the company said. Mincon (LON:MCON) down 6.23%. The company said pre-tax profits fell to €4.5mln from €5.5mln due to a hike in operating costs. This is despite revenue climbing by more than a third to €32.7mln from €23.4mln. Glencore (LON:GLEN) down 6.1%. The miner blamed the sharp fall in commodity prices for lower profits and said it would cap spending at US$5bn in 2016. Pre-tax profits dropped 29% to US$4.6mln.


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