Market Report: Taking Stock

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The Independent Online
Expect disposals at Hunting, the aviation, defence and oil group. Its air cargo business is likely to be the first major asset to be sold. It could be worth up to pounds 100m. Parts of the oil division, valued at up to pounds 40m, are also likely to go with Hunting developing its Canadian and North Sea operations. The shares, at 227.5p, are a shade from their peak.

Jarvis, the construction group which has moved into rail maintenance, is rumoured to be in line to clinch a rail servicing contract with Eurotunnel. The shares hardened to 379p.

High-flying Druid, an IT group, may have chosen an unfortunate time to invest in building an Asian operation. At 749p its shares enjoy a glamour rating and would react badly to any slip up.