Capital Stock Hit By Poor RAJAR Figures
Capital Radio posted the heaviest share price decline in the media sector yesterday, after the group reported poor RAJAR audience listening figures.
Capital’s stock dropped by 32½p during yesterday’s trading, after the Q3 RAJAR data revealed that the group’s flagship London station, Capital 95.8 FM, saw its weekly reach drop by 4.5% to 2.6 million listeners. The Capital Gold station also had a poor period, experiencing a 16.9% drop in reach to 1.1 million listeners.
EMAP’s Kiss 100 London station saw reach reach grow by 14.6% to 1.7 million listeners. EMAP’s shares closed up 6p at 716p yesterday.
| Radio Companies Share Price | ||||
| Wednesday | Thursday | Change (p) | % Change | |
| Capital Radio | 590.0 | 557.5 | -32.5 | -5.5% |
| Chrysalis | 181.5 | 176.5 | -5.0 | -2.8% |
| DMGT | 542.0 | 560.0 | 18.0 | 3.3% |
| EMAP | 710.0 | 716.0 | 6.0 | 0.9% |
| GWR | 130.5 | 130.0 | -0.5 | -0.4% |
| Scottish Radio | 570.0 | 567.5 | -2.5 | -0.4% |
| UBC Media | 20.5 | 20.5 | 0.0 | 0.0% |
| Wireless Group | 43.5 | 43.5 | 0.0 | 0.0% |
| Source: MediaTelINSIGHT | ||||
