Market Shows A Return To More Volatile Numbers
Monday, November 9th, 2009 at 6:23 pm EST/EDT
After a very positive end to last week’s trading for the online casino sector, today’s trading saw a great deal more uncertainty.
The trading on the market today with a very much more up and down nature. This is very much in line with the type of trading hat we had been seeing earlier last week and for most of the previous week.
Shares in William Hill dipped on Monday November 9th 2009. The valuation of the shares was 180.50 at the opening of trading and by the end of trading 178.90 is where the shares stood. That price is 0.22 percent lower than the 179.30 on Friday November 6th but still leaves the price 2.8% higher than the 173.80 on Thursday November 5th
The share price of PartyGaming went up on Monday. At the beginning of the day 232.80 was the value of shares and the value of shares was 236.70 by the end of trading. That is all of 2.3% higher than the 231.10 on Friday November 6th and is 4.7% up on the Thursday November 5th price of 225.40.
Monday November 9th 2009 also saw the Cryptologic price go down. 4.13 is where the shares stood at the opening of trading and the share valuation stood at 4.12 at the conclusion of the day. This gives a price that’s 0.24% lower than the Friday November 6th price of 4.13 and this of course, gives us the same as the price on last Thursday.
Analysts for the sector had been hoping to see a continuation of the type of positive trading that we’ve seen at the end of last week. Instead, what we’ve seen is a return to the type of more volatile movement in numbers that we had been seeing just prior to that.
