Taking Stock

Saturday 08 March 1997 00:02 GMT

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r The market in Clyde Blowers' shares seems to have got over its initial indigestion after last September's pounds 12m cash call at 265p. Yesterday the shares were back on the way up to the 365p peak they hit last month, putting on 13.5p to 351p after the Clydebank engineering group unveiled two Chinese ash-handling contracts worth over pounds 2m apiece.

r Rumours that Ivernia West, the Irish zinc miner, is about to receive planning permission for the start of production at its Lisheen mine in County Tipperary continued to power the shares yesterday. Already up from 79p at the beginning of last month, they put on another 4p to a new high of 94p. Hopeful dealers suggest they could yet go to 150p.

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