STEADY PRICE LEVEL ON QUIET N.Z. EXCHANGES
The New Zealand sharemarket leaders were traded close to Friday’s prices, while second-line stocks were mixed on quiet exchanges yesterday. The undertone of the market was steady, and buying and selling quotes for the leaders were narrow.
Buyers showed a lot of interest in the preference shares but sellers were few. The meat companies were generally firm with C.F.M. 5.0. F., and Waitaki a few cents dearer.
T.. Burt, Associated Motels, and Merchant Finance (ex div.) were 3c firmer. B.H.P. continued to recover with a rise of 40c to 1540 c. Among the falls, Autocrat, Odlin, and N.Z. Refining came back 5c each, while Beaths and Haywrights lost 3c, and
2c respectively. Andrews and Bea van, Forests, and N.Z. Insurance each eased 2c.
Fletcher Holdings was marked up 4c to 190 c, and Wattie new improved 1c to 130 c, as did Broadlands at 105 c.
Consolidated Brick, A. and
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Bibliographic details
Press, Volume CXI, Issue 32639, 22 June 1971, Page 25
Word Count
157STEADY PRICE LEVEL ON QUIET N.Z. EXCHANGES Press, Volume CXI, Issue 32639, 22 June 1971, Page 25
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