SHARES AND MARKET REPORT: MARKET MOVERS

bGR Holdings 80p (up 46p, 135.2 per cent). Sells two businesses for pounds 8.9m in cash.

bAscribe 30.5p (up 7p, 29.8 per cent). Assures the market that trading is in line with expectations.

bAir Music & Media 9p (up 1.5p, 20.0 per cent). Boasts of having experienced buoyant trading over Christmas.

bRamco Energy 35.5p (up 5.5p, 18.3 per cent). Gets oil and gas exploration licence off the coast of Ireland.

bHill Station 8.87p (up 1.37p, 18.3 per cent). Announces that its full year results will beat expectations.

bWhitehead Mann 91p (up 14p, 18.2 per cent). Sir Colin Southgate, chairman of the group, discloses the purchase of 50,000 shares at 76p.

bJarvis 32.65p (up 4.90p, 17.7 per cent). Unveils pounds 110m refinancing of its outstanding PFI projects.

bDawmed Systems 15.5p (up 2p, 14.8 per cent). Wins two contracts worth more than pounds 1m.

bMedical Solutions 9.37p (up 1.12p, 13.5 per cent). Aberforth Partners takes a 15 per cent stake in the company.

bClose Brothers 801p (up 49.5p, 6.5 per cent). Rumour that the group may sell off its Winterfloods division resurface.

bMarconi 630p (up 35p, 5.9 per cent). Announces partnership with Huawei Technologies in China.

nBaltimore 1,847.75p (down 392.25p, 17.5 per cent). Earthport abandons plans to table a bid for the company.

nRenold 59.5p (down 10.5p, 15.0 per cent). Brokers slash their forecasts after a full year profit warning from the group.

nTTP Communications 50p (down 6p, 10.7 per cent). Signs 3G pact with ARM Holdings but also unveils a disappointing trading statement.

nBellway 850p (down 14p, 1.6 per cent). UBS downgrades to "neutral" from "buy".

nCrest Nicholson 367p (down 4p, 1.1 per cent). UBS downgrades to "neutral" from "buy".

nBOC 982p (down 8p, 0.8 per cent). Nervousness ahead of first quarter results from the industrial gases group.