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Stockwatch: Issue 356 20 Feb 2009

Scottish transport groups make positive progress

Both First and Stagecoach make strong gains but Arriva and National Express are hit by market woes

The current state of the stock market does not inspire confidence, however the last fortnight saw something of a revival for a majority of listed transport stocks prices.

Four of the ‘big five’ of listed transport group’s edged ahead, on the whole slightly, while Arriva dropped back into the red with a marginal loss.

The Sunderland-based group closed at 453.4p, down 0.44% on a fortnight earlier, a marginal loss yes, but in comparison to recent market performance of our...

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