MARKET BEARISH IN QUIETER TRADING AGAIN
Investors were bearish in quieter trading again on New Zealand stock exchanges yesterday.. The day's reports were not encouraging, and recent Government policy statements have also made for a le>s optimistic sentiment in the market. Underlying the day-to-day moods of the mar ket are the new. and more attractive yields on fixed-term securities, and this change is also influencing investment decisions.
RISES New Zealand
Dailv volume A total of 232.700 shares was traded on New Zealand exchanges yesterday. 80.800 fewer than on Wednesday. Industrial issues totalled 224,700 (310.900 on Wednesday), and 8000 mining and oil shares were traded (2600 on Wednesday). A total of 116 New Zealand issues was traded. The five most active New Zealand issues were: Doni. Brew 15,200 Ind. News 11.000 U.E.B 9,700 N.Z. Brew 7,600 Winstohe 7,400 Court approval The Supreme Court of Victoria has approved the scheme of arrangement, for Great Boulder to become a wholly-owned subsidiary of Western Mining Corporation, Ltd. All the issued shares of Great Boulder (other than those held by Westminer Investments Proprietary, Ltd) will be cancelled, and shareholders will receive one new share in W.M.C. for every two Great Boulder shares held.
FALLS New Zealand Price Yar n
Price Var'n A M Bisley .. 245 Brierley 212 •) Chenery 110 3 C Metal . . 140 z Leyland 85 5 Midland 165 Mtr Traders 112 4 NZ Farm Co-op 82 1 Print Pack nts ■ 142 2 Transvision 137 1 Utd Bldg100 1 Zip 74 1
AB Con c. c. A S Paterson 78 nts 150 Ceramco . . 187 ,■» Challenge .. 210 1 Cory Wright .. 120 5 Dalgety NZ . . 195 ■ ■> Dalhoff K 58 z Dom Brew 86 1 Feltex 136 3 Firestone nts . . 128 2 Fletcher . . 218 ■7 H Pollard . . 245 3 Ind News 185 Mtr Holds 78 T Neil Holds . . 175 3 NZ Brew .. 85 1 NZ Forest . . 320 3 NZ Ins . . . . 235 3 N Land f N Refining .. 160 3 Scott Gp Smiths Mart .. 155 5 Sth British . . 265 Trust Ex . . 120 3 UEB .. 108 1 Waitaki NZR . . 135 I Wattle . . 95 z Winstone 93 1 Overseas BHP 910 .1 Beach 23 4 * ex dividend
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19760319.2.69
Bibliographic details
Press, Volume CXVI, Issue 34106, 19 March 1976, Page 10
Word Count
356MARKET BEARISH IN QUIETER TRADING AGAIN Press, Volume CXVI, Issue 34106, 19 March 1976, Page 10
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.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in