There was little excitement in the media markets last week with most companies experiencing only normal fluctuations in share prices.
At the start of the week there was disappointment with United News & Media’s failure to make a move on HTV, resulting in a 10p drop in HTV’s price to 374.5p. United fell 5.5p to 659.5p.
Pearson increased 15 to 694p on Tuesday, with analysts believing the stock is a good buy at 650p while usually selling well around the 700 mark.
Reed International softened 8.5p to 1172.5p on Thursday due to the announcement that SBC Warburg had acquired a 3.1% stake.
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