London market optimistic
. Share prices on the Lon-i i[don Stock Exchange firmed Jon the week, but on Friday; /closed off the top, in quiet! ■trading. Investors took heart from • ;the favourable banking fig-; Jures, and remained optimistic! I;ahead of the British Budget! .j which is due this week. Mining shares suffered (from the falling price of bullion, and most overseas ’ shares traded in London • were easy. However, the Australian ’ sector on the whole did well, ■ led by B.H.P. and Pancontin-! : ental. Industrials put up a| i better showing than the] : miners, and Australian banks; I were firm. J Closing prices on Friday! >|of a selection of shares were:; .I Ampol. 673 XR; A.N.Z., 2414;; /N.S.W., 478: 8.H.P., 550; Dalgety, ’ 246 A; Elder Smith, 1621 xd; .Llovds Bank. 2751 xd; Mt Lyell, .120; Challenge, 1224 xd; Nth 8.H., ’'101; Plessey, 101; R.T.Z. ord.. 202; J and regd, 1951; B.H. Sth, 77J;, -Ifransdev.. 67:.[xd; West. Min., . ■ 1071 xd; 8.A.T.. 302’.; Distillers, 176: Glaxo, 529?; 1.C.1., 3581; '[Marks and Spender, 148: P and] -'O. 982; Prudential “A.” 154; Reed; Hint.. 1165; Shell Transport. 517JJ . Unilever.' 516; War Loan. 355. ■ .Gear pref, listed ’! The convertible preference! ’[shares of Gear Meat Com-1 pany, Ltd, have been listed ! Jon New Zealand stock ex-] II changes.
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Press, 10 April 1978, Page 24
Word Count
209London market optimistic Press, 10 April 1978, Page 24
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