Firmer tone in late trading
Share prices were generally easier in dull trading on New Zealand stock exchanges yesterday. However, in the afternoon, a firmer tone appeared to be developing and sellers werfe harder to find.
Most of the price changes were downward, but a few of the leaders continued to improve cautiously. A. B. Consolidated at 46c and Fletcher at 173 c were 5c higher, Wattie new gained 2c to 120 c, and South British improved 5c to 540 c. Leyland Investments stood out with a 17c jump to 125 c after a long, dormant period. Broadlands was a cent lower at 92c after adjustment for the rights to the one-for-four premium issue the rights have a theoretical value of 28c.
» Meat companies were eas- ' ier ■ again, C.F.M. being 6c i lower at 100 c and Swift 2c . lower at 116 c. 1 National and New Zealand ■ Insurance sold a little lower, 1 as did Motor Specialties and > Skellerup.
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Bibliographic details
Press, Volume CXI, Issue 32703, 4 September 1971, Page 20
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160Firmer tone in late trading Press, Volume CXI, Issue 32703, 4 September 1971, Page 20
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