LONDON STOCK EXCHANGE
SOUNDNESS OF MARKETS
(By Telegraph.—Press Assn.—Copyright.) LONDON, October 13.
It might have been expected that the tragedies at Marseilles last Tuesday, and possible European complications arising therefrom, would have had a seriously disturbing effect on the Stock Exchange and cause a general decline in prices, but this did not happen, and, except for some defensive lowering and widening quotations, all markets pursued the even tenor of their way, and most prices regained their old level nest day. This was a striking illustration of the underlying soundness of the markets. Business in gilt-edged securities has not been particularly active, though it is reported that some big banks and financial institutions are buying on a fairly largo scale, chiefly stocks with a definite redemption date. After a period of quietude, industrials have shown some activity in the last few days, particularly the metal groups.
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Bibliographic details
Evening Post, Volume CXVIII, Issue 91, 15 October 1934, Page 12
Word Count
145LONDON STOCK EXCHANGE Evening Post, Volume CXVIII, Issue 91, 15 October 1934, Page 12
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