Shares in Capital Radio ended down yesterday, by 62½p at £13.62½, ahead of today’s release of full year results (report to follow on Newsline). Another company with major radio assets, Emap, is due to release its half year results on Monday. Yesterday, shares ended up just 2p at £8.90.
In an unspectacular day’s trading for media stocks, SMG managed the best performance, rising 7½p to end at £2.77½, while AIM-listed UBC Media fared the worst, falling 7½p to end at 41½p.
The closing prices of media company shares yesterday were:
