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London market

The long Easter holiday week-end and Britain's decision to mount a blockade around the Falkland Islands from yesterday, kept trading quiet on the London Stock Exchange on Thursday. Equity leaders ended mixed with a firmer bias

helped by some short covering. dealers said. - During the afternoon session the “Financial Times" industrial index was ahead 0.9 points to 562.2. The London market began the week on an easier note, with the possible repercussions frnm the Falkland Islands crisis dominating market sentiment. This trend continued on Tuesday, although the re-

lease of the mid-March banking statistics prompted a technical rally, dealers said. On Thursday, share prices extended the technical rally, but closed below initial levels as trading reflected the apprehension about the Falkland Islands crisis.

Closing prices on Thursday of a selection of shares were:—

Ampol. 83’2; ANZ Bank. 255‘i; BNSW. 166 G; BHP. 445; Dalgety. 316 G; Elder Smith, 165'2; Fiet Chall, 80; Nth BH. HON; Plessev, 379 G; Renison. 139; RTZ ord. 423. and regd. 421 1 2; Trans Dev. 75 3 i; WMC. 212'2: BAT. 411; Distillers. 176: Glaxo. 582; ICI. 320; Lloyds Bank. 426; Marks Spencer. 149; P and 0. 130; Prudential 'A', 250; Reed Int. 274; Shell Trans. 392; Unilever. 619; War Loan. 28 3 i: De Beers. 395.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19820413.2.117.12

Bibliographic details

Press, 13 April 1982, Page 22

Word Count
214

London market Press, 13 April 1982, Page 22

London market Press, 13 April 1982, Page 22

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