P503ORACLE 503 Mon 3 Feb C4 1713:18
STOCK
Mon Close
Fears of a further base rate rise
clouded sentiment on stock markets and
there were widespread falls in most
sectors.
Inevitably, the worst hit sectors were
stores, builders and other consumer
durables. International stocks were
wanted because of the pound's slide.
Gilts ended the day 50p down, but BOC
Group added 7p and ICI 11p on currency
considerations.
Banks were hit by worries about Third
World debt if the oil price continues
to decline, NatWest giving up 10p.
FIDELITY INTERNATIONAL ON PAGE 574