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MAINLY FIRM TONE ON MIXED NEW ZEALAND MARKET

Rises and falls were almost in balance in moderately active trading on New Zealand stock exchanges yesterday. The leaders were mainly firm but motors, and meats were easier.

U.E.B. continued its advance with a gain of 3c at 109 c. Turnover in the scrip remained high. Consolidated Brick and Pipe continued to gather support rising 5c to 155 c.

sc, L.W.R. 4c and R. and W. Hellaby and Waitaki lost 3c each.

Consolidated Plastics lost 13c of its recent gains with (sales at 165 c.

NMA-Wright Stephenson rose 2c to 135 c and Dalgety N.Z. 1c to 159 c in a firm stock and station section of the market.

Motor Specialities was more active after the forecast of a profit recovery in the annual report. The shares edged up 1c to 132 c. Firth gained another 10c to 200 c on the report of improved trading and the proposed increase in the dividend rate.

Among the falls C.P.D. was down 3c, Henderson Pollard

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19721031.2.180.8

Bibliographic details

Press, Volume CXII, Issue 33061, 31 October 1972, Page 21

Word Count
171

MAINLY FIRM TONE ON MIXED NEW ZEALAND MARKET Press, Volume CXII, Issue 33061, 31 October 1972, Page 21

MAINLY FIRM TONE ON MIXED NEW ZEALAND MARKET Press, Volume CXII, Issue 33061, 31 October 1972, Page 21