Thursday preview: Premier Farnell, Spirit Pub

Shares in Premier Farnell rose sharply on Wednesday, the day before the electronics products distributor is scheduled to release full year results.

Shares in Premier Farnell rose sharply on Wednesday, the day before the electronics products distributor is scheduled to release full year results.

The rise may have been down to Shore Capital upgrading the shares from "sell" to "hold" or it may just have been market makers marking up the shares as a precaution, in case the results exceed expectations. Broker Panmure Gordon notes that Purchasing Managers Index (PMI) data has been on an improving trend and this is usually a good lead indicator for Premier Farnell.

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