Carlton and Granada were the worst performers in yesterday’s media market, the former slipped 4.05% to close at £1.54, whilst the latter fell 5.71% to finish at 82˝, a loss of 5p on the day before.
Elsewhere in the media sector, Telewest, which is reportedly paving the way for the sale of its 17% stake in SMG as part of its refinancing plan, remained stable yesterday at 1˝p.
Johnston Press was one of only a handful of media companies to see any upward movement yesterday. Shares in the regional publisher rose 2.09% to close at £3.42˝, up 7p on the previous day.
The closing prices of media company shares yesterday were:
