London market tunas easy
Prices eased on the London Stock Exchange last week; Government bonds were as much a half point lower, with operators apparently apprehensive. Dealers said prices were pushed down in part by profit-taking as some operators seemed to have overbought. Trading was very quiet, and an industrial dispute at British Oxygen did not help sentiment. Leading industrials mostly showed losses of a penny or two but a few gains were seen.
Golds continued to hold firm, with heavyweights gaining as much as one and a half points. U.S. and Canadian issues eased. Australian shares ended the week on a mixed note; banks and stores were appreciably up, but miners were lower.
Closing prices on Friday of a selection of shares were:—
Ampol. 52J; ANZ, 236); NSW, 452,; BHP, 477 xd; Dalgety, 227 i xd; Elder Smith, 150 J xd; Lloyds Bank, 255 J; Mt Lyell, 15; Challenge, 117|; Nth BH, 97; Plessey, 113: RTZ ord, 214, and regd, 201; BH Sth, 84J; Transdev, 73J xd; West Mining, 115 J xd; BAT, 2771; Distillers, 191 i; Glaxo, 640); ICI, 404 J; Marks and Spencer, 163; P and O, 1193; Prudential ‘A’, 173); Reed Int, 1805; Shell Transport, 579 J; Unilever, 584; War Loan, 35i.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19771031.2.176
Bibliographic details
Press, 31 October 1977, Page 26
Word Count
206London market tunas easy Press, 31 October 1977, Page 26
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in