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London market firm

Share prices on the London Stock Exchange firmed last week. Sentiment was helped by the fall in the United States money supply which was expected to relieve the upward pressure on interest rates, dealers said.

Better than expected halfyearly results from ICI also played their part.

The Australian sector was easier, with BHP the biggest loser.

Closing prices on Friday of a selection of issues were;—

Ampol. 85*5; ANZ. 322 L i; Bank NSW, 188«<2; BHP, 810; Dalgety, 299*5; Elder Smith. 265; Fletcher. 100; Mt Lvell. 114; NBH, 174*4=; Plessey, RTZ ord. 567*i, and regd, 565*5; Trans Dev, 69%; West Mining. 299*5; BAT, 383; Distillers, 217; Glaxo, 382; ICI. 280; Marks and Spencer, 127; P and O. 124Pz; Prudential “A." 227; Reed Int, 267; Shell Transport. 394; Unilever. 560; War Loan. 28; De Beers. 710: Lloyds Bank. 395.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19810803.2.104.11

Bibliographic details

Press, 3 August 1981, Page 20

Word Count
141

London market firm Press, 3 August 1981, Page 20

London market firm Press, 3 August 1981, Page 20