LEADING SHARES BEAR BRUNT OF SELLERS’ ACTIVITY
Sellers asserted themselves again on New Zealand stock exchanges yesterday, as falls outnumbered rises about five to two on higher turnover. Leading shares bore the brunt of the retreat, and the overseas list was also weak.
The Wellington exchange was the only market which was quiet, but here also the tone was weak. Price changes were generally small; Mason Struthers which gained 10c on the confirmation of the higher bid. and New Zealand Industrial Gases, which lost 15c, were two notable moves. There were few leaders among the rises: Alex Harvey and Winstone had the best gains. Oils, miners, breweries, fertiliser and chemicals, motor shares, insurances, meat packers, timber processors, Wattie, and U.E.8., all shared in the widespread losses.
RISES
FALLS
New Zealand r Prive var’n a t
Mr M. i. Mansell, until recently production manager for the New Zealand operation of Bristol-Myers has been appointed product manager of the Clairol division
New Zealand Price var’n c. c. Harvey (A) 465 3 Allied (C) *225 3 Burt (D) . 138 1 Baillie (W) 100 3 C Brick nts (A) 42 2 Fletcher (A) 198 1 Wattie new (A) .. 151 1 M Struthers (C) 70 10 NAF(A) 200 5 NZ Cement (D) .. 150 2 NZ FP ex PM (D) 415 5 Prop Sec (W) .. 137 2 Rex Av (A) 52 2 S Biolab (A) .. 160 2 T Nelson (W) .. 110 3 Winstone (A) .. *129 4 *Ex dividend
Auck Gas (A) .. 83 2 1 Bisley (A) 95 1 Am Pac Ind (A) 55 1 And Bvn (C) .. 148 1 Odlin (W) 150 9 Begg (D) 40 i C Plastics (A) .. 218 •> D Brew (A) 132 2 D Fert (D) 125 5 DBG (A) 128 2 F*TC (A) 99 1 Gear (W) 145 2 ICINZ (W) 235 5 Ind Chem (A) .. 132 3 Wattie (W) 155 2 L Nathan rts (A) 22 1 Manthel (A) 250 5 Min Invest (C) .. 52 4 O’Brien (C) 35 1 M Specs (A) 166 1 new (W) 160 5 M Traders (A) .. 174 1 NZ Brew (W) .. 118 1 NZFF(A) 232 3 NZ Farm (C) .. 67 1 NZFP (A) 421 2 new (A) 410 5 Ind Gases (W) .. 470 15 NZ M Corp (W) 150 •9 PTY (A) .. 198 2 R Brierley (W) .. 325 5 Rothmans (A) .. 206 9 Sth British (A) .. 608 1 Tapp nts (A) .. 15 2 Taupo (W) 142 1 UEB (A) 141 1 W’wths NZ (W) 93 1 C Silver (A) 47 L and M (W) .. 80 4 S C Min (A) 124 4 Overseas jAmpol (C) 102 1 | ACI (C) .. 220 5 NMA(W) 106 2 W’wths (W) 112 2
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Bibliographic details
Press, Volume CX, Issue 32379, 19 August 1970, Page 18
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443LEADING SHARES BEAR BRUNT OF SELLERS’ ACTIVITY Press, Volume CX, Issue 32379, 19 August 1970, Page 18
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