Bond International Software made a bright debut, closing at 89.5p from a 65p placing by stockbroker Durlacher. The company supplies the recruitment, personnel and tourism markets. Profits are expected to be pounds 700,000.
Merrill Lynch expects the demerged Cordiant Communications to achieve profits of pounds 24.1m this year rising to pounds 40.1m in 1999. The shares gained 7p to 108.5p.