MOST ISSUES CONTINUE TO TRADE AT LOWER PRICES
Rises outnumbered falls by two to one again in a predominantly steady sharemarket yesterday. Leaders made further gains, but last week’s bigger losers remained some way from recovery.
Insurances continued to trade strongly. National made another sc, and South British and N.Z.I. put on 4c each.
New Zealand Forest gained 6c to 456 c, but the ex Bartholomew shares lost 13c to sell at 445 c. New Zealand Steel put on 5c and other leaders moved uncertainly. C.F.M. sold steadily and the rights rose 3c to 75c; Wilson Malt added another 7c; and Winstone sold 13c up at 440 c. Notable among the falls were Henry Berry, down 10c on the disclosure of the take-over terms of T. J. Edmonds; Rex Consolidated and Williamson Jeffery, which also sold 10c lower at 345 c and 370 c. Although the overseas list was stronger, B.H.P. fell back 20c to 1650 c and Burns Philp lost 19c to 521 c. Ampol and Mount Isa each rose 10c, and Western Mining put on 20c tn 1070 c.
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Press, Volume CIX, Issue 32018, 19 June 1969, Page 15
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181MOST ISSUES CONTINUE TO TRADE AT LOWER PRICES Press, Volume CIX, Issue 32018, 19 June 1969, Page 15
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