STOCK WATCH

■ CENTRALNIC shares surged following an upgrade to its profit forecasts.

The firm, which provides registration services for websites, reported revenues of £280m for the six months to the end of June, up 92pc yearon-year. The jump was driven by higher demand in the company’s online marketing division. As a result, CentralNic predicted its results for the full year would at least be at ‘the upper end’ of market expectations. Shares climbed 14.5pc, or 16.5p, to 130p.