Stockwatch

The week 's winners
Culver up 77.3%

The week 's losers
Allianz down 14.5%
Goshawk down 9.3%

Anyone hunting for a role model for stock market tips could perhaps be advised to study little Lloyd 's vehicle Hardy.

It is looking as though the insurer made a wise punt when it ploughed £8.9m of its money into Atrium stock late last year when the shares were selling for 75p.

They were going for £1.16 earlier this week, although Hardy was realistic enough to write off a substantialchunk of the price rise as due to speculation based on its own investment when it
reported last week.

Nevertheless, it based its sums on an assumption it could sell its holding for 90p.

Chief executive Barbara Merry said Hardy had no particular plans to sell the investment as part of a capital raising plan for next year and regarded the holding as a long term-investment.

In the technology sector, The Innovation Group (TIG) said it had received a 78% take up on its one-for-one rights issue, which closed last Friday. The shares will sell for 5p each.

Underwriter KBC Peel Hunt will take up the 43.6 million outstanding shares that were not taken up.