MARKET REPORT

The recovery at Haemocell, the medical equipment group, could be strengthening. The shares were at one time 5p higher at 28p after it revealed another link with Baxter Healthcare Corporation of the US. They closed at 25p. Last year the shares touched 98p but weakened when the group had to change distribution. The link should enhance Haemocell's 350 blood filtration system.

The recovery in shares of Rhino, the struggling computer games group, has been remarkable. They slumped to 7p after a £4m cash call was only 50 per cent subscribed. But the unwanted shares were picked up by a US retailer, Electronics Boutique, which intends to lift its stake to 29.9 per cent. The shares are now 16p; they were 36p last year.