LSE to change share calculation

Friday 25 September 1998 19:02 EDT

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THE London Stock Exchange has announced changes to the way closing share prices are calculated to try to stamp out the "rogue trades" that have dogged its new electronic system.

From 14 December the Exchange will calculate a closing price for each stock using an average of trading prices over the last 10 minutes of the day. Low volumes at the end of the trading day have led to the share price volatility.

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