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Article: CITY COMMENT: FTSE back.
- Article from:
- Recruiter
- Article date:
- August 12, 2009
CopyrightCOPYRIGHT 2009 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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During a conversation with an investor early in July, I expressed the opinion that Michael Page's shares would break through the 300p level before the end of the year. At that point, they were trading at 250p and neither of us even considered the possibility that this level would be breached before the end of the month. Yet, after two weeks of roaring equity markets, is was - Michael Page is trading above 300p for the first time since the Adecco bid approach last autumn, Hays is close to 100p for first time since last summer and Sthree is close to an 18- month high. As usual, the less liquid companies (Empresaria, Matchtech and Hydrogen for example) have lagged but ...