COMMERCIAL Australian Shares Still Weak On ’Change
Trading in Australian shares opened on a weak note on ->ew Zealand stock exchanges yesterday, with seven falls and only two rises. A.N.Z. Bank and 1.C.1.A.N.Z. recovered some of the ground lost recently. National Consolidated, in first Dominion business for some t:».ie, fell 9d. Ampol. Blue Metal Industries, Email, G. J. Coles, Reid Murray and Woolworths made smaller losses. New Zealand shares were more even. Winstone B, in first business this year, jumped 5s to 345, in line with recent higher prices for the old shares. New Zealand shares sold at lower prices were confined to the frozen meat, loan and agency and woollens sections of the list. Wright Stephenson debentures, Is down, followed the trend in the more recentlytraded shares. First business in Whitcombe and Tombs new shares was written at 28s 6d. Since the trading in rights closed last week at 9s 6d 20s (10s par 'alue, 10s premium) has become payable on each new share.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19620306.2.178
Bibliographic details
Press, Volume CI, Issue 29764, 6 March 1962, Page 17
Word Count
165COMMERCIAL Australian Shares Still Weak On ’Change Press, Volume CI, Issue 29764, 6 March 1962, Page 17
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in