EASY TREND CONTINUES
The downward trend continued in quiet trading on New Zealand stock exchanges yesterday. The N.Z.U.C. index eased 1.23 points. Steel and Tube rose 10c on the announcement of a bonus issue and profit increase, but Tasman fell a further sc. Prominent in the rises was Broadlands with its three classes of shares rising Ic. Financiers, insurers, meat companies, engineers and transporters were mixed, and newspapers, stock and station agents and property investors were easier.
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Press, 1 June 1977, Page 18
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77EASY TREND CONTINUES Press, 1 June 1977, Page 18
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