ENTHUSIASM RUNS OUT ON N.Z. SHAREMARKET
Last week’s newly found enthusiasm ebbed away on the New Zealand sharemarket yesterday. There were twice as many falls as rises, in light trading over a narrow range of issues. Leading issues were active, but most declined, and the index fell more than five points.
Daily volume
A total of 142,350 shares was sold on New Zealand stock exchanges yesterday, 9500 fewer than on Friday. Industrial issues totalled 141,650 (Friday 150,550) and mining issues 700 (Friday 1300). Some of the most actively traded issues were:— Challenge .. 8500 Forest ... 8100 Dom. Brew. .. 6500 U.E.B 6200 Feltex .. 5400 A and T Burt .. 5300
RISES
New Zealand Price Var’n
FALLS
c c Alliance i: ’ .. 70 1 AGH .. 68 3 Brdld 94 1 Firestone nts .. 135 5 Haywrights 105 4 H Pollard 360 15 Mason .. 120 5 Montana 65 1 NZ Cement 135 5 NZ Refrig 110 6 Nth Steel 180 2 TeeVee .. 400 10 Tolley 110 2 Trans Hold 110 2 Waitaki 112 2
New Zealand A Harvey Price Var'n c c 315 5 Bing H .. 88 2 Canty Timber 40 5 Odlin its • 5 1 Carter Holt 270 2 Challenge 148 1 Dalgety NZ 147 3 Dorn Brew 108 2 Feltex 143 5 — rts . . 11 5 Fletcher 215 10 Hallenstein 190 10 K Prosser 155 5 LWR ., 115 1 Morr-PIM 155 5 Mt Cook 198 2 NZ Forest 395 5 NZ Ins .. 307 8 NZ News 260 5 NZ Steel 106 2 Prestige 60 1 Rothmans 113 2 Sanford 100 1 Schofield 120 15 Sth British 295 5 S Tube 123 2 Wattie .. 111 3 Winstone 112 3 L and M Oil 59 1
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19740709.2.158
Bibliographic details
Press, Volume CXIV, Issue 33581, 9 July 1974, Page 16
Word Count
278ENTHUSIASM RUNS OUT ON N.Z. SHAREMARKET Press, Volume CXIV, Issue 33581, 9 July 1974, Page 16
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