Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Taking Stock

MARKET REPORT

Cathy Newman
Thursday 31 July 1997 23:02 BST
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.

rCadcentre, the engineering software group which came to the market at the tail end of last year, closed 10p poorer at 235p, after Robin Lee, a director, sold half of his shareholding. Mr Lee, who wanted the money to plan for his retirement at the end of next year, offloaded 450,000 shares at 235p each. 3i, another big shareholder in Cadcentre, also sold 150,000 shares to "several institutions".

rInvestors were supping up shares in Surrey Free Inns, the AIM-quoted pub group, after the company outlined plans to spend pounds 10m opening 10 new branded pub outlets. The stock leapt 16p to close at 426.5p, amid whispers that the company was about to be bid for. Pre-tax profits for the group, which is due to join the full market in September, jumped 93 per cent to pounds 2.3m in the year to the end of May.

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