Good cheer for pub companies as shares pick up

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Wednesday, February 01, 2012
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Derby Telegraph

IT was a good week on the markets for pub companies, with both Spirit and Punch Taverns increasing their share prices.

The two Burton-based firms topped the table of the 10 local-listed companies after they both saw slight rises in value.

Marston's, which also operates pubs, saw its share price creep up slightly after last week reporting a solid set of Christmas trading results.

Meanwhile, Somercotes chocolate-maker Thorntons continued its up and down form – this week its shares were down by more than 20%.

Unilever, which is due to announce its full-year results tomorrow, saw a slight rise in value.

1. SPIRIT PUB COMPANY: UP from 48.25p to 49.75p, a rise of 1.5p or 3.1% (London Stock Exchange FTSE SmallCap Index).

2. PUNCH TAVERNS: UP from 11p to 11.25p, a rise of 0.25p or 2.3% (London Stock Exchange FTSE SmallCap Index).

3. UNILEVER: UP from £20.47 to £20.67, a rise of 20p or 1% (London Stock Exchange FTSE 100).

4. MARSTON'S: UP from 96.7p to 97.35p, a rise of 0.65p or 0.7% (London Stock Exchange FTSE 250).

5. TOYOTA: UP from £23 to £23.06, a rise of 6p or 0.3% (Frankfurt Stock Exchange).

6. RECKITT BENCKISER: UP from £33.49 to £33.57, a rise of 8p or 0.2% (London Stock Exchange FTSE 100).

7. ROLLS-ROYCE: DOWN from £7.49 to £7.38.5, a fall of 10.5p or 1.4% (London Stock Exchange FTSE 100).

8. BOMBARDIER: DOWN from £2.88 to £2.80, a fall of 8p or 2.8% (Listed on the Frankfurt Stock Exchange as Bombardier Inc).

9. MOLSON COORS: DOWN from £28.55 to £27.63, a fall of 92p or 3.2% (Listed on the Dow Jones).

10. THORNTONS: DOWN from 17p to 13.38p, a fall of 3.62p or 21.3% (London Stock Exchange FTSE Food and Drug Retailers).

Stock market prices taken at 9am yesterday, compared to 9am on Tuesday, January 24.

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  • Profile image for JulieFulep

    by JulieFulep

    Wednesday, February 01 2012, 7:46AM

    “Not surprised when they're doubling rents.”

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