Midweek Numbers Still On The Negative Side

By: Rouletters Gambling News

Wednesday, September 23rd, 2009 at 7:20 pm EST/EDT

Modern_City_BusinessInto midweek, the general negative numbers continued across the sector as most of the main players continued to struggle to maintain stock prices.

A notable exception on the back of some positive news was Cryptologic. Shares in Cryptologic saw a raise on Wednesday September 23rd 2009 even though trading volume was modest with the volume of trades upon conclusion of trading coming in at 162,484.

The value of shares stood at 6.29 at the day’s start and 6.415 was the share price by the conclusion of business. That is 1.7% higher than the 6.30 on Tuesday and 0.5% higher than the Monday September 21st price of 6.38

To put this in a slightly broader context, Wednesday saw the William Hill price go down by 0.63% in a situation where the volume for the whole day was 4.16 M

190.60 was the value of shares at the start of the day and at the end of the day the valuation of the shares was 189.90. While down this price is still 1.0% higher than the 187.90 on Monday.

The stock price of PartyGaming also decreased on Wednesday borne out a of a relatively average trading volume of 477,919.

277.40 is what the shares stood at at the day’s beginning and 273.90 is what the shares stood at by the conclusion of business. This gives a price that’s 0.65% lower than Tuesday although it is also notable that this price is 3.6% higher than the Monday price of 264.00.

All in all, up to this point in the week the feeling towards the sector has certainly been negative but with enough bright spots to suggest that these are merely short term losses.

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