Horizon shares up on Lloyds deal

Shares in Horizon Technology rose over 10 per centthis morningafter the company announced a £2

Shares in Horizon Technology rose over 10 per centthis morningafter the company announced a £2.8 million sterling contract with Britain's Lloyds TSB Bank group.

Horizon, whose stock lost more than half its value last week after a profit warning, said it will provide infrastructure for a new Lloyds TSB Internet banking portal.

The stock was up 10.58 per cent in London at £1.15. The shares were untraded in Dublin after closing at a year-low of euro 1.66 yesterday.