Analysts in any particular sector always like to see a nice positive start to the week and the online casino sector of the market certainly did not disappoint this week.
Average numbers from the whole sector were very positive throughout the day and also finished very well. Let’s take a quick look at some numbers from a few of the main names in the industry as examples.
Shares in Cryptologic got a boost on Monday August 24th 2009. At the day’s beginning 7.28 is what the shares stood at and by the end of the day the share price stood at 7.37. That is 0.40% higher than the 7.34 on Friday August 21st and this price is 5.42% up on the Thursday August 20th price of 6.97.
The stock price of PartyGaming also increased on Monday. The value of shares was 257.10 at the beginning of the day and at the closing bell the share price of the company was 269.60. This leaves the price 4.71% up from 256.90 on Friday August 21st and this price is 5.30% up from 255.30 on Thursday August 20th.
Shares in William Hill were up as well on Monday. At the beginning of the day the share price stood at 174.50 and the price stood at 174.40 at the end of the day. That is all of 0.91% higher than the Friday August 21st price of 172.80 and is all of 1.83% up from 171.20 on Thursday August 20th.
While not everybody in the sector did as well as this, these numbers do broadly reflect the type of trading that the sector was experiencing in a very good start to the week.