Insurances Feature Of Almost Steady Market
The sharp gains by New Zealand insurance shares stood out on a share market which was otherwise on balance slightly easier, mainly because of a weaker overseas list. New Zealand Insurance had the limelight with a rise of 24c to 322 c, but National rose 10c to 370 c and South British 11c to 403 c in sympathy.
These three stocks all reached their highest point at the close, on long strings of sales. Volumes were heavy, and the range of issues was wide. Trading in New Zealand Breweries was active, and the shares recovered 2c to 146 c. Colonial Sugar (N.Z. register) rose 20c to 650 c, to come in line with the Australian shares. B.H.P. lost 30c, to 2560 c. Other overseas falls were moderate, and most New Zealand falls narrow. Property Securities stood out with a drop of 10c to 85c. METALS (N Z PA.-Reuter—Copyright) LONDON, July 9. Buyers Sellers
Spot a ton a ton £ s. d. £ d. Copper . . 440 0 0 447 0 0 Tin . 1302 10 0 1303 10 0 Lead . 101 15 0 102 0 0 Zinc . 110 7 6 110 12 6
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Press, Volume CVIII, Issue 31728, 11 July 1968, Page 20
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195Insurances Feature Of Almost Steady Market Press, Volume CVIII, Issue 31728, 11 July 1968, Page 20
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