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MARKET IN LONDON

Buyers Act Cautiously (Special Crspdt. N’.Z.PA.) LONDON, February 10. The threat of a national rail strike on St. Valentine's Day (February 14) and the Government’s intention to continue I 'curbing public spending were; overhanging the slock market 1 mid-week. Buyers continued to act cautiousl.v and many investors ’ were thinking that now was the time to take their profits. But there were bright spots. • Early in the week investors': i enthusiasm pushed share J (prices to their highest level> ifor more than 15 months. Leading industrial shares • showed a number of falls and • gilts were in the doldrums. 1 Steels rallied after a dull • start and showed gains. Some shares were affected : by boardroom announcements of proposed mergers and take;overt

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19660211.2.156.9

Bibliographic details

Press, Volume CV, Issue 30982, 11 February 1966, Page 14

Word Count
122

MARKET IN LONDON Press, Volume CV, Issue 30982, 11 February 1966, Page 14

MARKET IN LONDON Press, Volume CV, Issue 30982, 11 February 1966, Page 14

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