MARKET CONFIDENCE SLOWS ON N.Z. EXCHANGES

Press, Volume CXVI, Issue 34047, 10 January 1976, Page 11

MARKET CONFIDENCE SLOWS ON N.Z. EXCHANGES

The initial burst of market confidence which marked the beginning of the New Year, slowed down noticeably on New Zealand stock exchanges yesterday. Although rises outnumbered falls by nearly five to one, movements were generally small. The New Zealand United Corporation index fell 0.40 points, and trading quiet.

RISES

FALLS

Daily volume

A total of 129,500 shares was sold on the New Zealand sharemarket yesterday, 65.500 fewer than on Thursday. Industrial issues totalled 125,300 (Thursday 185,600) and mining/oil 4200 (Thursday 10,000). A total of 92 New Zealand issues was traded. The five most active industrial issues were: N.Z. Refrig. . 10,300 Bunting , . 10,100 N.Z. Forest . . 9000 U.E.B. . . 6900 Wattie . 6400

National sales

ABCon, 5400/31, 800/31; Alcan, 700/112; AHarvey, 400/338; AFCo-op, 300/215; ABeaven rts, 1500/18; Arm Spring, 700/140; A Yates, 200/252; AGH, 2700/56; AkGas, 200/210; Aurora, 700/180; Ballins. 2100/95; NSW. 900/820: Bell Rad. 600/245; Bramßurn, 200/ 47: Brily, 200/220, 300/222; BOS. 1900/100; Broadlds, 200/82 , 3400/ 83: Bunting, 10,100/58; CPD. 2100/145; CFM. 100/152: Cat Holt. 100/248. 500/250: Ceramco, 600/ 174; Challenge, 1700/190; ClydEng. 500/112; Cooks Wine, 100/95: Crothall, 300/80; DalgetvNZ, 800/183; DandK. 190U/60: DMclWal, 300/118; Domßrew. 200/ 94. 200/95, and nts. 100/152: FTC, 1300/102; Feltex, 200/129: Fletcher, 300/237; Fountn, 900/ 250: Frtways, 700/112; Gear. 1000/115; GBCement. 1200/56: HB, 100/182; Haywrts, 800/100; Healing, 500/170. and debs, 4500/136; HBerry. 100/180; JamesAv, 100/ 100; JWebster, 100/96: Mair, 1000/138: Mason. 1000/142; Midland, 4000/158: MO’Brien, 700/75; Montana, 500/43. 1800/44; Mot Holds. 2000/76; MtCook, 300/ 200: NewtonK, 700/175; NZB. 1200/85; NZCement, 100/135; NZFP, 6100/310. 2900/311: NZIG, 1000/210, 400/215; N'ZT. 3200/235; NZLand. 500/50; NZNews, 200/ 215; NZRefrig, 10.300/123; NZ Steel, 1000/99; Niven, 200/130; Odlin. 600/132, and nts. 2900/130: Pye, 100/152; RHellaby. 400/185; RepcoNZ, 100/90; Rothmans, 1900/96; Salmond, 200/136; Skellerup. 100/340; Sinithßio. 300/115; SBI, 700/265; SFM, 1000/ 195; Spedding, 200/140; Steel Tub, 100/110; Tappndn. 500/150; Tasman. 200/230; Tolley. 200/130: Trans Ash, 100/38; Transld. 2900/ 125: TransNel. 800/101, 1300/102; Tvsn. 1100/135; UEB. 6800/107. 100/108; Vacatn, 1200/53: Wattie. 3100/96. 3300/97, and debs. 100/ 112: WnGas, 200/225: Winstone, 5000/90; WWA, 200/140; WSuthld. 2400/105; Zip, 200/65. Con Silver, 1000/4; Beach. 600/ 40; LandM, 1300/58, 700/59; Republic, 700/53.

New Zealand Price Var’n c. c. Alcan 112 2 A Harvey 338 1 A Yates 252 2 AGH 56 1 Ak Gas 210 5 Brambles B 47 1 Brierley 222 2 Broadlands 83 1 CPD 145 2 Carter Hott 250 2 Caramco -' 174 4 Cooks Wine 95 3 Crothall 80 5 Dalgety NZ 183 1 Feltex 129 2 Frtways 112 2 Gear 115 3 GB Cement 56 1 Hallenstein 182 7 Healing debs 136 1 Mason 142 2 N.Z. Land 50 2 N.Z. News 215 3 N.Z. Refrig 123 1 Odlin 132 2 Tasman 230 2 Trans Nel 102 1 Wattie 97 1 Zip 65 1 Overseas BNSW * 820 1

New Zealand Var’n Price FTC * 102 *5 H. Berry * 180 •> J Webster 96 T Mt Cook . . 200 5 Repco NZ 90 z Sth British 265 5 Overseas WWA 140 *ex dividend.