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Sharewatch W/E 4/7/97
BSkyB showed a very slight move upwards this week, closing on Friday at 444p, but there is no strong evidence to show that the company will make a quick recovery from its dramatic share fall. The share price has fallen over 25% in the last three weeks.
Mirror Group’s shareholders seem to have welcomed the company’s bid for Midland Independent Newspapers, the Group closed at 200.5p on Friday, rising 14.5p over the day. MIN were also strengthened by the bid, shares opened on Monday at 179.5p and finished the week at 195.5p.
Following BBC Worldwide’s and Pearson’s sell-off of a large proportion of their shares in Flextech *BBC And Pearson Sell Flextech Shares, Flextech ended the week at 703.5p; the shares began the month of June at 539p.
