Optare sheds 5% in a difficult fortnight for stocks

Only Arriva and National Express make any sort of progress as the stockmarket slowdown continues

Will their be any good news for investors in transport stocks? Once again our portfolio of transport shares had a tough time on the market, reflecting the rising concerns about the state of the global economy in the wake of the ‘Credit Crunch’.

There was some hope however. Arriva managed to pull ahead just over 3% over the period to close at 694p. Much of this growth was no doubt helped along by the news of acquisitions in Spain and eastern?Europe which offer some stability in...