Specialist publisher Future Network was one of the best performers on the FTSE 350 yesterday, putting on 33˝p to 492˝p as it announced the appointment of a new deputy chief executive (see New Deputy Chief Executive For Future Network).
Johnston Press also made the high performers table, adding 25p to its share price as its bid for Regional Independent Media was given clearance (see Byers Clears RIM Bid Proposals). Prices closed at 344˝p.
Radio groups were on the up after the release of the latest data from RAJAR. Capital put on 5p to £15.05 after retaining its strong lead over London with its flagship station Capital 95.8FM (see Capital 95.8FM Retains Strong Lead Across London). SMG‘s Virgin took a downward turn, however, across both the capital and nationally (see Virgin Takes A Dip In Latest RAJAR). The group was up 2˝p yesterday at 261p.
The closing prices of media company shares yesterday were:
