STOCK WATCH

■ RM2 International shares jumped 41pc, or 0.22p, to 0.78p after the business revealed it has reached an agreement to sell its RM2 Blockpal pallets to a firm that supplies Asdaowner Walmart in the US.

The AIM-listed supply chain solutions group said the contract is expected to generate sales of more than £1.1m on an annual basis.

The pallets will be delivered to Walmart’s Sam’s Club stores in the US. Kevin Mazula, chief executive of RM2, welcomed the deal.