Tuesday's Trading: Gain in London Is Shaved By Movements on Wall Street

The Financial Times-Stock Exchange 100 Share Index advanced 12.1 points to 4050.8, as the Financial Times-Stock Exchange Mid-250 Index rose 5.4 points to 4448.9. Volume climbed to 722.3 million shares from 548.6 million shares on Monday. U.K. water-industry regulator Ofwat said it will review prices...

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Bibliographic Details
Published inWall Street journal. Europe
Main Author This article was prepared by Alison Turner, Uta Harnischfeger, Alan R. Katz and Vito Racanelli Of AP-Dow Jones News Service
Format Newspaper Article
LanguageEnglish
Published Brussels Dow Jones & Company Inc 16.10.1996
EditionEurope
Subjects
American dollar
Bond markets
Corporate profits
Dow Jones averages
Prices
Securities markets
Stock exchanges
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Summary:The Financial Times-Stock Exchange 100 Share Index advanced 12.1 points to 4050.8, as the Financial Times-Stock Exchange Mid-250 Index rose 5.4 points to 4448.9. Volume climbed to 722.3 million shares from 548.6 million shares on Monday. U.K. water-industry regulator Ofwat said it will review prices at all the nation's water and sewage companies in 1999 -- five years ahead of schedule. The announcement came amid heavy criticism of the water industry by politicians, and caused some declines in water issues. Thames Water shed five pence to 547.5 pence a share, while Wessex Water fell 19.5 pence, or 5.7%, to 325 pence. The DAX Index, charting prices in official floor trading, rose to 34.57 points to 2728.45. The FAZ Index, calculated at midsession, rose 9.68 points to 952.29. The IBIS DAX Index, charting prices in electronic trading, gained 17.9 points to a record 2718.73.
ISSN:0921-9986