Market report: Taking Stock

Tuesday 18 February 1997 00:02 GMT

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Little Ashurst Technology had an eventful session, giving up an early gain to end 15p off at 80p. On Friday the shares bounced 29.5p following a tie-up with a US baseball bat maker. The sudden interest is no doubt welcome at Deutche Morgan Grenfell which, thanks to the investment inclinations of its former fund manager Peter Young, built a near-50 per cent shareholding. Morgan Grenfell is still sitting on most of the Young stake.

Technoplast, an Israeli plastics group, made a firm debut, gaining 3p to 128p from its placing. Today Zag, a Nasdaq-traded share which is Technoplast's biggest customer, is expected to report a sharp profits advance.

rWembley scored a 14p gain to 397p on talk of imminent US deals, possibly disposals.

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