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Doncaster HIT Final Average Down 13.4%

Thursday, 23rd October 2008

Cumulatively at the end of Doncaster Bloodstock's 2-day horses-in-training sale, the £1.2 million (A$2.88m) turn-over dropped 14.8% per cent, while the £5,084 (A$12,200) average fell 13.4% & the £2,400 (A$5,700) median was down 23 %. The 65% clearance rate compared with 73% last year. DBS managing director Henry Beeby commented: "Realism. In the current climate that is the watchword & it is fair to say that vendors this week have taken a realistic view of the market, resulting in a reasonable trade in the circumstances. Recent weeks have shown that the bloodstock market is, understandably, far from immune from the on-going world financial crisis & so we have seen an inevitable drop in this week's figures. That said, there have been a number of positives including the involvement of buyers from the Middle East, Scandinavia, Denmark, Greece & Italy as a result of continuing DBS promotional visits."

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