P503ORACLE 503 Mon20 Jan C4 1715:03
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Shares ended sharply lower in response
to mounting fears of a further hike in
bank base rates and gilts finished with
falls extending beyond a full point.
The prospect of dearer money saw fogds,
stores and properties worst hit
although there were also widespread
losses among leading industrials.
Distillers went higher on hearing the
'White Knight' bid from Guinness, down
10p, but ended 1p down on referral
fears. Rival Argyll lost 16p to 355p.
Successful Channel Tunnel Group jumped
20p but rival Trafalgar House lost 20p.
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