Barclays bullish: interests quiet
The rise of the Barclays sharemarket index was the dominant factor in futures market trading yesterday. With the strong rally in the sharemarket, futures contracts on the Barclays also rose and closed on their highs. They ended at 1997, compared with the physical index’s 1953.6. The interest rate markets were relatively quiet in the morning, but there was a bit of action in the afternoon, said Dr Brent Layton, managing director of Egden Wignall and Company Futures. They eased off and ended at 8710. Many in the market were squaring positions ahead of the Budget tomorrow evening, Dr Layton said.
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Press, 26 July 1989, Page 32
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104Barclays bullish: interests quiet Press, 26 July 1989, Page 32
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