Daily Express

MARKET REPORT

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BUILDER Barratt Developmen­ts eased 6p to 524p despite a solid trading update, while investors lost their appetite for catering giant Compass Group, 11p lighter at 1251p, after a 5.8 per cent rise in half-year revenue to £9.7billion driven by 8.3 per cent growth in its North American market.

Specialist lending and retail savings group OneSavings Bank was overdrawn 10½p to 273½p despite growing loans and advances so far this year by £460million.

Forecast-beating results including a 23.8 per cent rise in annual pre-tax profit to £26million failed to prevent car dealer Vertu Motors going 2¾p into reverse at 57¾p.

A contract worth over £400,000 with filtration systems provider Mann and Hummel boosted PipeHawk ¾p to 3¾p, while

Sound Energy was fired up ¾p to 16½p after receiving drilling permission for a key well in Italy. Fibre optic infrastruc­ture group

CityFibre climbed 1¼p to 60¼p following new service contracts in Milton Keynes and Northampto­n worth a combined £7million on recently acquired KCOM assets.

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