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N.Z. MARKET STEADIER

Share prices were steady on a quiet New Zealand sharemarket yesterday. A feature of trading was the special sale of 1,502.200 X.Z. Forest Products shares, at 202 c, belonging to Winstone. There has been speculation for some time about Winstone selling its Forest Products holding, and market sentiment on the sale may have firmed Winstone's share by a cent. Deanes Industries fell 23c ex dividend, but it was the first sale since May. L and M Oil and Kempthorne Prosser continued to firm. A realistic annual report by Challenge caused its shares to ease Ic.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19771004.2.203

Bibliographic details

Press, 4 October 1977, Page 46

Word Count
98

N.Z. MARKET STEADIER Press, 4 October 1977, Page 46

N.Z. MARKET STEADIER Press, 4 October 1977, Page 46