Across the Markets: Ashmore Group, Sigmaroc, KEFI Gold
& Copper
Ashmore Group endured a sharp fall after reporting final
results, with the asset manager giving the market little fresh impetus
following a challenging backdrop for emerging market fund flows. The update
leaves attention focused on restoring growth and rebuilding momentum across the
business.
Sigmaroc rose strongly after pairing interim results with
the acquisition of Swedish lime and dolomite producer AB Dolomitas. The deal
extends the group's geographic reach and adds further scale to its construction
materials platform, reinforcing its expansion strategy across Europe.
KEFI Gold & Copper advanced after providing an update on
the Tulu Kapi gold project. Continued progress at the development is
significant given its importance to the company's future production profile,
keeping the project at the centre of KEFI's growth strategy.
