COMMERCIAL Shares React To Profit News On Easier Market
Shares reacted to announcements of their companies’ profits yesterday on an easier New Zealand market. South British added Is to 31s and Amalgamated Batteries 2s 6d to 35s on news of better trading results while Whitcombe and Tombs lost 9d to 25s after announcing a lower profit for its latest year.
National Insurance continued its climb, adding another 3d to 245, while Fletcher contributing shares rose Is to 14s. Burns Philp, in a first ex dividend sale, increased 2s 7d to 65s 4d in the overseas section.
Rights were marked back. McKendrick lost 2d to Id, North Auckland Farmers 6d to 6d, Claude Neon 6d to 15s 6d, J. Bums Id to Is 4d, Broken Hill Proprietary Is Id to 24s 2d and Woolworths 2d to 5s 4d.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19651105.2.120
Bibliographic details
Press, Volume CIV, Issue 30900, 5 November 1965, Page 13
Word Count
137COMMERCIAL Shares React To Profit News On Easier Market Press, Volume CIV, Issue 30900, 5 November 1965, Page 13
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