European stocks opened lower today because of the fears over
Iraq and Ukraine,
according to Investing.com. In particular, the
air strikes authorized by President Barack Obama caused alarm for
many investors. Russia has also banned food imported from western
countries to retaliate against the sanctions placed against it.
The Alternative Investment Market (AIM) in London is down
1.73 points, at 748.39 points. Today the market hit a low of
746.21 points and a high of 750 points. Mining stocks, for the most
part, are lower.
This week’s top gainers in the mining sector include
gold exploration and
development company Noricum Gold (LSE:
NMG), which saw its share price increase by
GBP0.10, or 22.24 percent, to reach GBP0.52 per share. Meanwhile,
Bostwana Diamonds (LSE:
BOD) saw an increase of GBP0.22, or 9.47
percent, hitting GBP2.60 per share. In
energy stocks, this week’s top gainer was Solo
SOLO), which is up by GBP0.04, or 11.52
percent, at GBP0.37 per share.
On the flip side, African Potash (LSE:
AFPO), which invests in and acquires
potash assets in
sub-Saharan Africa, fell by $0.69, or 19.71 percent, to reach
$2.81. Meanwhile, Azonto Petroleum (LSE:
AZO) also saw some losses, dipping by $0.08, or
8.58 percent, to reach $0.87.