TechMARK movers: Debt reduced at KCOM

31st Mar 2011 13:21

KCOM is higher after it said that trading is in line with expectations but net debt will be lower than forecast. The telecoms firm has experienced growth in multi-year contracts. Net debt will be below £85m at the end of March 2011. Educational IT supplier RM says that its interim revenues will fall because of the challenging market. Management has cut the cost base by £5m a year at a cost of £1.7m. The year end is being changed from September to November. FTSE TechMARK - RisersAsterand (ATD) 18.00p +16.13%AEA Technology Group (AAT) 4.25p +11.11%Antisoma (ASM) 2.75p +10.00%Ceva Inc. (CVA) 1,550.00p +6.90%Parity Group (PTY) 29.75p +6.25%KCOM Group (KCOM) 62.50p +4.17%Renovo Group (RNVO) 14.75p +3.51%Alterian (ALN) 185.00p +2.78%Optos (OPTS) 198.00p +2.06%ARM Holdings (ARM) 573.00p +1.87%FTSE TechMARK - FallersCryptologic Ltd. (CRP) 110.00p -8.33%Oxford Biomedica (OXB) 5.52p -4.58%Emblaze Ltd. (BLZ) 47.50p -4.52%RM (RM.) 150.00p -3.38%Phoenix IT Group (PNX) 195.25p -3.34%Dialight (DIA) 728.00p -2.61%Torotrak (TRK) 41.00p -2.38%Psion (PON) 92.50p -2.12%Innovation Group (TIG) 16.25p -1.52%