Market report: Taking Stock

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The Independent Online
MORE heavy trading in nursing home minnow Tamaris, where 91 million shares changed hands. Schweco Nominees, acting on behalf of Stockton Industries, revealed it had a 4.14 per cent stake. Chairman William Fitch recently bought a 20 per cent stake at 3p a share. The shares firmed 0.5p to 2.75p.

INTERNET Technology Group, providing internet connections, firmed 6p on AIM. It has leased 155MB of capacity on a transatlantic cable in a 25-year deal. Although the capacity is six times more than ITG had before, it is costing no more. The company is free to sell the capacity it isn't using on to other users.

TRACKER Network, which provides satellite tracking of stolen cars and counts the British Police among customers, announced an eightfold increase in profits to pounds 1.64m, and unveiled plans to transfer its shares from AIM to the official list. The shares jumped 75p to 717.5p.