Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Market Report: Taking Stock

Friday 11 April 1997 18:02 EDT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

St James Beach Hotels rose 9.5p to 191p, a 12-month high. There is talk of corporate action. One suggestion is that the Horney family's controlling stake is about to be sold. Rumoured price is 230p.

The company runs hotels in Barbados. It came to market three years ago at 120p. Butterfield, the company's stockbroker, estimates profits in the year ended last month were pounds 4m against pounds 1.2m.

Stand by for action at Raine, the building group. In busy trading the shares rose 1.25p to 17.5p with a string of delayed trades going through. The group has had a difficult time recently, slumping pounds 101.8m into the red in 1995. Last year it achieved a pounds 572,000 profit. The shares were 137p four years ago.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in