N.Z. Issues Weaker As Slide Continues
New Zealand issues were again weaker as the price slide continued for the fourth successive day. Key stocks underscored this trend. Overseas shares were almost in balance.
Insurances were variable: South British and National both lost some ground, but New Zealand recovered 3d to 22s 3d. Alliance climbed further to a peak for the year of 11s 3d. Pye traded briskly and closed Id up at 10s 9d. Dominion Breweries and Fletcher declined.
There was a resurgence of profit-taking in Ross and Glendining with the price falling Id to Ils lOd. B.H.P. lost Is 3d to 47s 6d and C.S.R. Is 3d to 25s 3d, mirroring losses in Australia on Tuesday.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19660512.2.212.1
Bibliographic details
Press, Volume CV, Issue 31057, 12 May 1966, Page 25
Word Count
117N.Z. Issues Weaker As Slide Continues Press, Volume CV, Issue 31057, 12 May 1966, Page 25
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