STOCK WATCH

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OIL and gas firm Hurricane Energy jumped 30.4pc, or 1.8p, to 7.5p as rumours swirled that a mystery suitor was preparing to make a bid.

One City source told the Mail that a potential buyer was running the rule over the business. On online forums shareholders hoped an offer could come forth at up to 20p per share.

Hurricane, which searches for oil and gas in the North Sea, was close to collapse after production issues, but rising oil prices have helped it escape the worst of its problems.