WPP released interim results showing a pre-tax profit of over £160m yesterday (see WPP Reports Profits Up 22%). However, shares in the company dropped 1p to end at £9.07.
The worst media performer yesterday was Highbury House Communications, which fell 5½p to 52¾p. SMG also fell, by 16p to £3.16½.
Tempus had a better day, rising 20p to end at £6.17½. Maiden also rose 20p to end at £5.25, a rise of nearly 4%.
The closing prices of media company shares yesterday were:
