London market steady
Share prices on the London Stock Exchange closed on Friday around levels of the previous Friday, after sharp falls earlier in the week.
Share prices on Friday closed broadly firmer, boosted by first-time buying for the new account starting today, and by the higher-than-expected' U.K. October trade surplus, dealers said. U.K. Government bonds closed firm especially the shorts, after the latest U.K. money supply figures, in spite of disappointment at no reduction in the Bank of England's money market intervention rate.
The Australian sector of the London market was on the whole firmer than the home markets, with the exception of CSR which was heavily discounted on Friday. Closing prices on Friday of a selection of issues were:—
Ampol. 1021'2; ANZ, 335 v z; NSW, J76V 2 ; BHP. 595; Dalgety. 29P/z; Elder Smith. 250: Fletcher. 90: NBH, 154r z ; Plessey. 339*/2; Renison, 285; RTZ ord. 450 and regd 461 Tu; Trans Dev. 66*'2; Western Mining, 219'*; BaT. 340; Distillers. 181; Glaxo, 432; ICT, 282; Lloyasßank, 418; Marks and Spencer. 126; P and O. 123; Prudential A’, 231; Reedlnt. 248; SheilTransport. 400; Unilever. 631; War Loan. 27Vi; deßeers, 640.
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Press, 23 November 1981, Page 24
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191London market steady Press, 23 November 1981, Page 24
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