Market Report: Taking Stock

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Fairfield Enterprises, a supplier of packaging and printing machinery has pounds 4m in the bank and could soon be on the take over trail. Its shares were introduced to the market last month; they have risen from 117.5p to 135.5p. Stockbroker Teather & Greenwoood expect steady profits progress. It is looking for pounds 2.3m this year and pounds 2.7m for 1999.

There is rumoured to be boardroom unrest at European Mining Finance. The shares have fallen from 27p last month to 20p, off 1p yesterday.