Summary
THERE wasn't an awful lot on the bluechip front for dealers to get their teeth into. That old adage of 'sell in May and go away, return again on St Ledger Day' (September 11th) must have cropped up in conversation in many a City watering hole.
Invitations to attend all the big corporate beanos at Ascot, Wimbledon and Henley will soon be winging their way to fund managers who will jump at the chance to rub shoulders with the great and the good. More often than not over the years, business suffers as a result and shares just drift for want of support.See the full content of this document
Extract
Fears of an Interest Rate Rise Stifle Share Deals ; Market Report
The Footsie yesterday traded within narrow limits and closed 1.8 points dearer at 4571.8. Wall Street didn't offer any late inspiration, losing an initial 39-point gain to trade 25 point...
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