LONDON (ShareCast) - (Sharecast News) - Media and gaming investment company Blue Star Capital made a statement to the market on Wednesday morning, after its share price jumped in the previous session.

The AIM-traded firm's stock reached a peak of 0.568p late on Tuesday afternoon, having opened the day at 0.4075p.

It had, however, dropped back to 0.47p at the open on Wednesday, but was rising again in choppy trading.

"Blue Star Capital notes the recent rise in the company's share price," the directors said in their statement.

"The board confirms that it is not aware of a reason for this increase."

At 1300 GMT, shares in Blue Star Capital were trading at 0.5375p in London.

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