Mostly firm in London
Share prices closed quietly firm on the London Stock Exchange last week, reflecting hopes of a relaxation of dividend controls. Leading industrials were mostly a few pence firmer. Mining shares eased in line with the lower gold price. Australian stocks, apart from some mining shares, recovered slightly on the London exchange bn Friday. Across the board, rises were only as much as five cents, although B.H.P. and the uranium speculator, Pan Continental, had biager increases. B.H.P. picked up 15 cents and finished at 699 c (Aust). Pan Continental, which suffered losses during the week, gained 12c an closed at 1308 c. Mining shares which lost ground were Peko Wallsend (down 3c). E.Z. Industries (sc) and Hamersley, again disappointing with a 5c fall to 230 c (Aust).
Closing prices for a selection opf shares on the London Exchange were:
Ampol. 76? xr; ANZ Bank, 2871 xd: Bank NSW, 557 xd: BHP. 655; Dalgety, 2745 xd; Elder Smith, 1991; Lloyds Bank. 2571; Mt Lyell. 30: Challenge, 141: Nth BH. 125; Plessey. 92xd; RTZ ord., 216 xd; RTZ regd, 2141 xd; Sth BH. 1151; Transdev.. 683: West. Mining, 1514: BAT, 312 J; Distillers, 176: Glaxo, 5554; ICI, 3711; Marks and Spencer. 145; P and O, 901; Prudential "A,” 140; Reed Int., 1294; Shell Transport, 547 J; Unilever, 520; War Loan, 293; De Beers. 3964.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19780703.2.133
Bibliographic details
Press, 3 July 1978, Page 16
Word Count
225Mostly firm in London Press, 3 July 1978, Page 16
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