Overseas Shares Rescue Reflective Market
Rises just shaded falls on New Zealand stock exchanges yesterday, even though the New Zealand list—especially leading shares—was easier. The market undertone is steady and the mood appears reflective.
Turn-overs were variable, but for the whole country, slightly above average. The
range of trading was narrower, and price movements small. N.Z. Petroleum made another 20c. Norvic put on 10c, to 410 c. New Zealand Refrigerating recovered another 2c. National Insurance rose 10c to 380 c in North Island sales,
but South British and New Zealand Insurance could not hold all of Wednesday's gains and lost 3c and 4c respectively. Breweries were easier, and Fletcher, N.Z. Forest Products and Wright, Stephenson were other leaders which declined.
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Bibliographic details
Press, Volume CVIII, Issue 31729, 12 July 1968, Page 14
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120Overseas Shares Rescue Reflective Market Press, Volume CVIII, Issue 31729, 12 July 1968, Page 14
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