Satellite broadcaster BSkyB gained 45p to £10.40 as analysts predicted good results for the company tomorrow (see Digital Packages Set To Increase In Price). The value of the group’s prices have more than halved since its high of £21.58 earlier this year, however (see Sharewatch).
Cable group Telewest was one of the highest climbers on the FTSE 350 yesterday on renewed merger talk (see Sharewatch). Prices rose 10% to 125źp.
SMG was one of the worst performers, down 14˝p to 258˝p, after a series of rises following its TV advertising deal with Carlton (see Carlton Sales Takes Over Scottish And Grampian Contracts).
The closing prices of media company shares yesterday were:
