PESSIMISM DOMINANT; N.Z. MARKET SLUMPS
Penaimiam dominated trading on New Zealand atock exchanges yesterday and ahare prices slumped. Sales at lower price* were nested in al! sections of the market when ssllers were met by lower buying Units There wore eight rises compared with 45 falls, and the market Index lost to 293«0u*
Among th* f*w stock* to Alcan suffered • 10c fell to resist th* much easier trend 210 c and Sc tails wore reon the d*y was Transport corded against Alox Harvey, Nelson which gained 4c to and Skellerup. 107 c after a fairly long period Insurances without *xcep. of inactivity. tion were also down by the s in° d ?ho eloM ’ National insurance and were In retreat. Among the M T prominent tall* were N.Z. Z ' Insur,nc * b °ti> 5c Forest down 7c, and Consoll- lower, and South British Indated Brick down 10c. suranc* lost 9c.
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Press, Volume CX, Issue 32462, 24 November 1970, Page 18
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148PESSIMISM DOMINANT; N.Z. MARKET SLUMPS Press, Volume CX, Issue 32462, 24 November 1970, Page 18
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