Sharewatch: Chrysalis Falls Following Sale Of TV Arm

Chrysalis was seen in focus yesterday, down 0.71% after confirming the sale of its television assets to a group of former ITV executives (see Chrysalis Makes £45m TV Sale To Former ITV Heads).

Capital was also in the spotlight, up 4% after RAJAR listening figures for the second quarter of 2003 came in above analysts expectations.

Broader market sentiment was encouraged by bullish activity on Wall Street following a US economic department report, which revealed growth has picked up over the second quarter. The market also reacted well to increases in quarterly earnings from blue chip companies including Exxon Mobil and Procter and Gamble.

The closing prices of media company shares on Thursday were: