Taking Stock

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The Independent Online
r PSD, which came to market in February, edged forward 2p to 275.5p as Charterhouse Tilney said buy. The company, which was floated at 220p, is a specialist recruitment consultancy. Analyst Robert Morton says that he expects profits this year to climb pounds 1.7m to pounds 7.5m with pounds 9m likely next year.

r Rodime, for years little more than a US litigation play, fell 0.5p to 1.75p as the market decided its five-year pursuit of Seagate Technology, a US computer group, had suffered a severe setback. A US ruling appeared to make it difficult for Rodime to press ahead with its claims.

r Kynoch, a filtration and sterilisation equipment group, held at 23p. There is talk the company, which has staged a strong trading comeback, could attract a bid.

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