Market Gains Over Broad Front
The sharemarket again made a solid advance on New Zealand stock exchanges yesterday, in very active trading over an exceptionally wide range.
Of the 127 issues traded 55 rose, 16 declined and 56 were unchanged. Most moves were relatively narrow, but widely spread. All sections of the market participated, but motor shares lost on balance; N.Z. Refining declined and finance companies were uneven.
Meat shares also were uneven: New Zealand Refrigerating rose 2c, but C.F.M. was 1c cheaper.
Outstanding moves were by Burnetts, up 19c to 90c, after a good preliminary report, and Skellerup Industries, 13c higher at 650 c. Tasman rose 20c, to 845 c.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19680817.2.156.12
Bibliographic details
Press, Volume CVIII, Issue 31760, 17 August 1968, Page 18
Word Count
111Market Gains Over Broad Front Press, Volume CVIII, Issue 31760, 17 August 1968, Page 18
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