London market firm
Share prices on the London Stock Exchange firmed last week, in quiet trading. The news that engineering union leaders had agreed to recommend an 8.2 per cent pay rise, appeared to be a major influence. Oil shares were firm on worries over oil supplies from the Middle East, but golds were weaker, in line with the bullion price. The Australian sector fluc-| tuated as much as the home I
■ markets during the week, but 1 the over-all trend was easier. . However, banks were firm. ; Closing prices on Friday of - a selection of shares were— Ampol, 84; AXZ. 220 1/2; XSW, • 156 1/2; BHP, 760: Dalgety, 281 1/2; Elder Smith, 117 1/3 xd; Mt Lyell, 110; Challenge, 117 1/2; NtJiBH. 196 1/3; Plessey, 35! 1/3; RTZ ord, 457 1/2 and regd, 457 : 1/2; Transdev, 78 3/4; West Mining, 282 V2: 8.A.T., 273; Distillers, 204; Glaxo. 226; ICT, 328; Marks and Spencer. 106: P and O, 117; Prudential A, 256; Reed Int. 1183; Shell Transport, 444: Unilever. 485; War Loan. S 3 1/4; De [Beers, II 15/16; Lloyds Bank, 343.
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Press, 20 October 1980, Page 26
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181London market firm Press, 20 October 1980, Page 26
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