Market Firmer At Close
Rises outnumbered falls almost three to one at the close of trading oh New Zealand stock exchanges yesterday. N.Z. Petroleum continued to stand out, with a rise of 35c to 250 c, and Wiseman Holdings, 8.H.P., and C.S.R. had good rises. Other moves were narrow. Trading was light over a narrow range.
News of a reorganisation at Wiseman’s Holdings, Ltd, seems responsible for the steady rise in the price of the shares. They gained 15c to close at 70c. B.H.P. again rose 15c, although the Australian price fell. Yesterday the stock was
t out of line with overseas mar- , kets, which were generally ! much higher than New Zea- : land. > C.S.R. gained 10c, to 470 c. The New Zealand gains - were well spread throughout s the list; leaders especially s benefited.
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Press, Volume CVIII, Issue 31588, 27 January 1968, Page 16
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134Market Firmer At Close Press, Volume CVIII, Issue 31588, 27 January 1968, Page 16
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