() climbed 14% to 2,035p after announcing it has made good progress in the second half of its fiscal year and that its end markets remain resilient.
The FTSE 250 manufacturer said it saw the strongest growth across semiconductor applications.
Despite taking a small hit from currency fluctuations, the provider of equipment to the scientific community said revenue in the year to the end of March is expected to marginally ahead of the previous year.
11.50am: TT Electronics moves higher after receiving UK registration for rapid COVID-19 screening device
() moved 6% higher to 247p in the late morning after the UK regulator registered Virolens, a rapid COVID-19 screening device, for use in the country.
The device, for which TT is the exclusive manufacturing partner, uses microscopic holographic imaging and artificial intelligence software technology, developed by British start-up iAbra, to detect the presence of the virus from a saliva swab test in around 20 seconds.
The electronics producer said its shares of revenues depend on iAbra’s potential end customers in the UK converting expressions of interest into firm orders.
It added that a high proportion of the commercial interest in Virolens to date has been outside of Great Britain and any revenues resulting from this interest require further regulatory approval in those territories.
11am: Argo Blockchain jumps after signing agreement for first clean energy Bitcoin mining pool
()() jumped 13% to 223.7p after signing an initial agreement with DMG Blockchain Solutions, a blockchain and cryptocurrency technology firm, for the first Bitcoin mining pool powered exclusively by clean energy.
Under the terms of the deal, the pair will jointly launch Terra Pool, which will initially consist of both companies processing power which is mostly generated by hydroelectric resources.
The cryptocurrency has recently emerged as a massive polluter for the amount of energy required for mining, which can have serious environmental consequences if powered by carbon fossils.
10am: slips after noting Greater Manchester bus reform decision
PLC () slipped by a tenth to 30p after noting that the Mayor of Greater Manchester made the formal decision to press ahead with franchising the bus market in the Greater Manchester region.
Prior to this decision, the bus operator had already made a court application to subject to judicial review both the consultations conducted by the Greater Manchester Combined Authority and the process by which the consultations were carried out.
Given the ongoing legal proceedings, which it is now confirmed are to be heard by the Court in late May 2021, the company said it is not appropriate to comment further on the decision taken by the Mayor to proceed with his franchising scheme.
In the FTSE 100, Burberry PLC () shed 2% to 1,871.75p after being scrubbed from a popular Chinese video game and seing one of its brand ambassadors resign following Western allegations about human rights abuses by China.
Britain has joined with other Western countries to impose sanctions on China over the claims of systematic rights abuse of the Uighur community in Xinjiang.
Adidas, Nike and H&M have all been targeted by negative comments on local Chinese social media and press reports due to their stance on cotton sourcing from Xinjiang.
8.45am: Proteome Sciences rises early after upgrading profit expectations
() was the top riser early on Friday, climbing 26% to 4.78p on the back of an upbeat trading update.
The precision medicine firm said full-year profit after tax will come in materially higher than announced on 25 January.
This is mostly thanks to higher than expected royalty receipts from Thermo Scientific for the last quarter of 2020.
Elsewhere, () surged 18% to 13.58p after completing soil sampling at the Bassala project, in Mali, with the next phase of work planned for this week.
Some 1,200 soil samples were obtained and the findings of the successful programme confirm that two major gold anomalous trends are present and the zones appear to be continuations of regional mineralisation trends.
The miner will next undertake an induced polarisation (IP) survey while first detailed sample results are expected in April.
Proactive news headlines
() () said it has signed a memorandum of understanding (MOU) with DMG Blockchain Solutions, a blockchain and cryptocurrency technology firm, to launch the first Bitcoin mining pool powered exclusively by clean energy.
() shares jumped on Friday as the firm said it has signed its first customer agreements for the delivery of its CleanTreat novel water purification system.
(AIM: ORPH) has won a £7.5mln contract to conduct a human viral challenge study for an unnamed biotechnology company.
Bidstack Group PLC (), whose technology implants advertising into computer games, said revenues in 2020 topped market expectations and it expects the top-line to continue motoring north in 2021.
() welcomed a real-world analysis of ferric maltol (the alternative name for the company’s lead drug Feraccru/Accrufer) in people with iron-deficiency anaemia that have inflammatory bowel disease.
() said it has applied for admission to trading on the AIM market of the London Stock Exchange and cancel its listing on the standard segment of the exchange’s main market. The potash development firm said the cancellation is expected to be effective at 8am on April 27, while its AIM admission is anticipated to begin at the same time.
(LON:TXP, ), in its financial results, highlighted a “year of significant progress” in which the company enhanced its financial position significantly.
() said it had fast-tracked the next phase of exploration at its Bassala gold project in Mali after positive results from a completed soil sampling programme.
(LOB:PCF) said customers in forbearance had dropped to just 5% of its loan book with lending overall rising slightly over the most recent five months.
Plc (), in its interim results statement, told investors that its business is now extremely well placed to take advantage of the growing trends underpinning the world’s transition to a low carbon economy.
() said that following its announcement on March 23 and the completion of required regulatory checks Brad Taylor has been immediately appointed to the board as chief executive and an executive director.
() has released an updated corporate presentation, available on the company’s website, summarising and consolidating information that has recently been made publicly available.
() announced that the maturity date of its 6.5% senior notes has been extended from May 2021 to 31 October 2026.
() said it has granted share awards over a total of 470,977 ordinary shares in the company under its 2020 global share incentive plan.