Sharewatch: Future Falls On Negative Sentiment

Future Network was seen in focus yesterday, down 2.96%, as traders revealed unease in the publishing sector. This caused Emap to fall by 1.86% and Highbury House to drop by 2.04%.

Elsewhere, BSkyB remained in the spotlight, up 0.36%, following news that its chief executive Tony Ball has gained over £9 million after cashing in his shares.

Broader market sentiment was bullish yesterday, with the FTSE 100 closing at its highest level for the year. The index closed above 4,200 at its best level since late August last year. Frankfurt, Paris and Amsterdam also saw solid gains, while Wall Street was dampened by concerns over bond yields.

The closing prices of media company shares on Thursday were: