STOCKS RISE AS FUNDING FEARS RECEDE

30 April 2009

With stock market sentiment improving around the globe and the FTSE 350 General Retailers Index rising by 35%, the vast majority of the listed auto retail and service companies benefited from the uplift. Indeed, three companies, Inter Cars, Asbury and Sonic more than doubled their share price. In the UK, auto retail stocks were lifted…

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Tags: Asbury, Bilia, Bulletin, Caffyns, EBITDA, FTSE 350, Helphire, Ian Wardle, Inchcape, Inter cars, Lookers, Panmure, Pendragon, Penske, Sonic, stockwatch, Vertu Motors

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