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London market

Share prices on the London Stock Exchange ad-; vanced on Friday, following; the rally on Wall Street. ' The “Financial Times” i index rose 4.7 points to: 486.2, a net gain of 6.3 points on the week. On Monday, share prices closed firm on the first day of the account, in the absence of any adverse news. There was little news to disturb trading during the week, and the market was satisfied with the third-quar-ter results of British Petroleum, its shares rising 20p 946 p on Friday. Closing prices on Friday of a selection of shares were:— Ampol, 563, xr; ANZ. 2973;! BNSW. 503; BHP, 650; Dalgety,! 3031; Elder Smith, 1851 xd • Lloyds, Bank, 2741; Mt Lyell, 30; - Challenge. 114; Nth BI I, 981 xd: Plessey, 1.08 xd; RTZ ord.. 241 xd and regd. 2391; BH Sth, .1071: Trans Dev, 68}; WMC, 1214.; 8.A.T,. 292|; Distillers, 202; Glaxo. 5371; ICT, 3721; Marks and Spencer. 35; P and O, 3}; Prudential ‘ r A,” 151?.; Reed Int., 1561; Shell Trans, 5851; Unilever. 546; War Loan, 29}; De Beers, 338.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19781204.2.134.8

Bibliographic details

Press, 4 December 1978, Page 23

Word Count
178

London market Press, 4 December 1978, Page 23

London market Press, 4 December 1978, Page 23