STOCK WATCH

INVESTORS cheered cybersecurity company Osirium after it secured its first distribution for Germany, Austria and Switzerland.

The firm, which makes software to protect IT systems, signed an agreement with Ectacom Gmbh which it hopes will build its presence in the region. Osirium has already announced partnerships in the Middle East, North Africa and Asia Pacific in a bid to sell its products around the world.

Yesterday shares rose 3pc, or 3p, to 101.5p.