Market Report: Taking Stock
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Your support makes all the difference.Johnson Fry, the fund manager, gained 6p to 139.5p. In December the shares slumped to 85p after a warning of losses. The recovery is, in part, due to the feeling that JF is unlikely to remain independent much longer in the frenzied financial climate.
Dean Corporation, the building and property services group, added 2p to 11.5p after 250,000 shares held by former director Lyndon Chapman were placed with an institution. A trading statement is expected soon.
Profits of retailer Revelation Piccadilly should soar from pounds 270,000 to just over pounds 1m in the year ending this month, says researcher Hardman & Co, which is looking for pounds 1.5m next time. The shares are 5p.
Shares of Monsoon, the fashion chain, are expected to hit 210p when dealings start today from the 198p sale price.
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