| SHAREtrack 100 Index rises 1.2 per cent |
| Written by Business Weekly | |
| Thursday, 22 February 2007 | |
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The SHAREtrack 100 Index in association with PricewaterhouseCoopers rose 1.2 per cent last week to just short of 6935 as stock markets continued to move ahead around the world on positive economic news from several fronts.
The rise was slightly less than that of the FTSE 100, which rose 1.4 per cent, the AIM Index, up 1.5 per cent and the TechMARK, up 2.2 per cent. In the US the NASDAQ rose 1.9 per cent and the Dow Jones a shade over 1.5 per cent. There were few sharp moves amongst the constituents of the SHAREtrack this week. The largest was a fall of 32 per cent by GeneMedix after it had put its 1 for 10 consolidation into effect, but this still left the shares 20 per cent ahead of the level of two weeks ago. Netcall continued its rise, moving up to 25p. Over the past month it has risen by over 50 per cent, spurred on by the confident statements accompanying its interim results on February 6. We have added Johnson Matthey to the Index after the completely separate takeover of Huntleigh Healthcare. Johnson Matthey, headquartered in Royston, is a £3.49bn company with a global presence in catalytic converters and emission control. It also has a precious metal division, split between platinum and gold/silver, a colours and coating division and a pharmaceutical materials division. |
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