London market quiet, mixed
Share prices closed mixed on the London Stock Exchange last Friday after a week of ups and downs. The market was disappointed with the full-year results from ICI and the thirdquarter figures from Plessey-.
Newspaper shares encountered some selling interest after the announcement of the Reuter restructuring plans. Gold shares were volatile but mainly firmer. After the British Inland Revenue imposed a 40 per cent tax on profits made by building socieities in government securities trading, the short-dated sector, in which the societies conduct much of their business, fell sharply. Ampol, 109%; ANZ, 355%; BHP, 894; Dalgety, 450; Elder Smith, 279%; Fletch, 142%; NorthßH, 183%; Plessey, 215%; Renison 234; RTZbear
665 and reg 661%; Trans Dev, 107%; West Mining, 262%; Westpac, 235%; BAT, 178; Distillers, 255; Glaxo, 750; ICI, 602; Lloydsßank, 587; MarksandSpencer, 223; PandO, 275; PrudentialA, 474; Reedlnt, 428; Shell Transport, 628; Unilever, 905; War Loan, 36%; Deßeers, 853. (Quoted in U.S. dollars).
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Press, 27 February 1984, Page 14
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158London market quiet, mixed Press, 27 February 1984, Page 14
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