Recovery Maintained On Lower Volume
The share market continued to recover from its slight reversal on Wednesday as New Zealand stock exchanges ceased trading for the week. Both lists had sharp gains, and losses were moderate. Turnovers, however, were lower, especially when compared with Monday and Tuesday.
Western Mining rose 100 c, I to 1450 c, and B.H.P. recovered I
,130 c to close at 2600 c. C.S.R. I (N.Z.) gained 10c, to 520 c.
Ampol and Mount Isa added 5c each. The best gain in the New Zealand list was 30c, by N.Z. Industrial Gases, which sold at 480 c. N.Z. Refining recovered 20c, to 620 c. P.T.Y. reacted to the bonus news with a rise of 25c, to 175 c. Winstone recovered 10c of recent losses, and Tappenden also added 10c. N.Z. Petroleum lost another 10c, to sell at 440 c, and Bank of N.S.W. lost 10c of its recent gains. Other losses were small.
DIVIDENDS Rm Consolidated, Ltd, Auckland.—Final S per cent, payable July is, ex July 11. Total 11 per cent. (Steady.) Mutual ■enelft Building and Investment Society of Canterbury (Permanent), Chrlrtchureh.—lnterim 4 per cent, payable May IS. (Latt year 4 and S p.c.)
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Bibliographic details
Press, Volume CVIII, Issue 31676, 11 May 1968, Page 16
Word Count
198Recovery Maintained On Lower Volume Press, Volume CVIII, Issue 31676, 11 May 1968, Page 16
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