Market report: Shares boom for MSW Technology

WE ARE seeing an intriguing share performance by MSW Technology, the software group that came to the market late last year.

The price has climbed 29.5p to 135.5p in two days, prompting speculation that a takeover is being prepared. Sources close to the company suggest that the jump is due to a clutch of contracts won recently. MSW, which made a quiet market debut, was down to 82.5p last month.