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Salamander Energy is overbought this morning after bid talks, joining Heritage Oil and AstraZeneca on the list of those companies propped up by takeover reports. Shire’s strong results have lifted it too, and once the frothiness is taken out of the share price it is likely to move higher.
Greggs trades near a 52-week high as well, lifted by better performance in recent weeks.
Meanwhile, Serco continues to languish after its most recent profit warning, while N Brown is dropping back after briefly spiking following results this week.