Prices Variable, Market Active
Turnover on the Stock Exchage vesterday, for the first time in three weeks, exceeded 6000 shares. Turnover in the bank section was the highest for more than a month. The sale of a large parcel of Coles also increased the day’s total.
Losses exceeded rises but the rises included two substantial gains. N.Z. Insurance, a day after Soufli British Insurance recorded a good gain, improved Is to sell at 89s. N.Z. Farmers’ Fertiliser, which have not been traded in Christchurch for more than a month, improved on recent North Island business in a sale at 44s 9d. A more modest gain .was made by Andrews and Deaven preference.
Bank of N.S.W. dropped sharply to sell at £2B. Smaller losses were recorded by Booth Macdonald, Coles and Woolworths’ ordinary shares and rights. <
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Bibliographic details
Press, Volume XCIII, Issue 27988, 7 June 1956, Page 17
Word Count
135Prices Variable, Market Active Press, Volume XCIII, Issue 27988, 7 June 1956, Page 17
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