MARKET RALLY CONTINUES
The rally on the New Zealand sharemarket continued yesterday in active trading. The N.Z.U.C. index rose 1.58 points to 299.06, and rises outnumbered falls by almost six to one. Frequently traded issues were prominent in the rises, including N.Z. Forest up 3c. N.Z. Light Leathers regained 2c, and Radio Avon rose 3c to 125 c. Motor vehicle dealers were easier with Schofield down 2c and Manthel down a similar amount ex dividend.
RISES
New Zealand A Harvey Price Varin c c 248 3 A Bisley 320 10 And and Bea ven nts 105 3 A Wright 200 5 A Ellis 115 5 A Yates 322 2 Brierley 215 2 Brdld ' .. 64 1 CPD 160 3 — 10 p.c. pf 140 3 CFM pf 126 1 Carter Holt 205 5 Challenge 168 1 Command 85 5 Cooks Wine new 118 3 Deanes * 155 5 D Wallace 130 5 Dom Brew 82 ] Donaghys 220 5 Ebos 80 2 Feltex 97 1 Freightways 90 2 Giant 195 10 G Bay 51 1 Hallenstein* 186 1 Healing 210 9 H Berry 175 5 I W Dow 92 2 J Edmond 128 3 J Bums 118 3 J Webster* 66 2 Lion Brew 80 2 — 12 p.c. pf 63 1 Montana 80 2 MSI 88 2 — Pf 70 2 NZ Cement 123 1 NZ Forest 209 3 NZ Ins 240 9 NZ Land 25 2 NZLL 77 2 NZMC 108 1 NZ Pastoral 95 3 NZ Refining 128 1 Prestige H 90 2 Prop Sec 190 5 Radio A 125 3 Sanford 370 5 Skellerup 250 5 S Brown 112 9 Sth British 280 3 Teltherm 170 10 TNL Gp 81 1 — rts 30 2 — 12 p.c. pf 68 1 Trans NC* 100 1 UEB pf 86 1 Waitaki NZR 125 1 Wattie debs 120 2
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Bibliographic details
Press, 16 February 1978, Page 16
Word Count
303MARKET RALLY CONTINUES Press, 16 February 1978, Page 16
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