N.Z. MARKET LEADERS WEAKEN IN DULL TRADING
The New Zealand sharemarket weakened under an excess of falls in dull trading yesterday. The weaker leaders were joined by a number of record-line stocks, outnumbering rises three to two.
B.N.Z. Finance, one of the group leaders, recovered 3c to 310 c, but the rest of the financiers were unchanged. However, Broadlands were traded at 103 c before recovering 1c on the final smaller sale in Auckland. Brierley Investments, Henry Berry, and Norvic were among the largest gains. Andrews and Beaven and Mount Cook rose 1c and 2c respectively. i
The insurance companies, New Zealand and National, were lower. Alex Harvey, Feltex, U.E.B. and Consolidated Brick were marked down along with smaller industrialists. Australian stocks continued to fall as sentiment remained bearish overseas.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19720310.2.135.8
Bibliographic details
Press, Volume CXII, Issue 32862, 10 March 1972, Page 15
Word Count
130N.Z. MARKET LEADERS WEAKEN IN DULL TRADING Press, Volume CXII, Issue 32862, 10 March 1972, Page 15
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in