Trend Less Firm On Active Sharemarket
Although the New Zealand sharemarket was not as firm as on Tuesday, trading yesterday was still ahead with rises outnumbering falls by two to one.
Some leading shares, although closing ahead, recorded higher prices during the day. N.Z. Forest, which finished 2c higher at \ 353 c, reached 360 c in an earlier sale in Auckland. The good interim report by Marac assisted finance companies. Marac gained 5c to 145 c—a rise of 13c in a week—while B.N.Z. Finance rose 5c to 195 c and General Finance 1c to 141 e.
Friday had gained 20c, lost 4c to 396 c in Auckland, while doting at 400 c in Christchurch. South British wm unehuged *t 620 c *nd Nation*! Insurance steady *it 450 c. Whiteombe and Tomb*, In a first sale since becoming ex bonus on Monday, rose 3c to 200 e on an adjusted bad*. In the overseas section, the firm trend continued, with C.S.R. (N.Z.) rising 20c to 540 c. E.Z. Industrie* lost 25c to 355 c.
NX Insurance, which since
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Press, Volume CVIII, Issue 31830, 7 November 1968, Page 15
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177Trend Less Firm On Active Sharemarket Press, Volume CVIII, Issue 31830, 7 November 1968, Page 15
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