Shares: Taking Stock

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The Independent Online
Sunleigh, a struggling maker of baby buggies and golf trolleys, accounted for a large slice of the market action. It achieved a turnover of 84.7 million shares with parcels of up to 9 million going through. The price moved up 0.5p to 5p.

The company has had a torrid time with only one profit recorded since 1990. The market guess is one of the institutional shareholders has called it a day, perhaps leaving the way clear for a cash and management injection.

Interim profits of Cookson, the industrial materials group, could be disappointing. Greig Middleton is shooting for pounds 84m against pounds 81.2m.

For the year it is looking for a gain from pounds 181.2m to pounds 208.5m. The shares rose 4p to 262p.