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MARKET REMAINS EASY

The New Zealand sharemarket remained easy in busy trading yesterday as investors discounted prices against Government interest rates, and the loss of the tax rebate on stocks. Recent favourites continued to rise, and Ashby Bergh, and British Pavements were higher after trading gaps.

RISES

, FALLS New Zealand

New Zealand Price var’n c c A. J. White .. 100 10 A. Harvey 267 2 A. Ellis 145 5 Ashby B 325 20 Ak. Gas 320 5 Bailing 85 1 Br. Pavements . . 200 25 CFM pf 4 130 1 Cap Radio 150 5 Dunlop N.Z. 206 1 Golden Bay 54 1 Odlin pf * 60 H Progressive 360 3 Trans N.C. * 100 4 L and M 43 1 Overseas Ampol .. 103 3 Beach 70 2

Price var’n c c A. Beaven .. 130 3 A. Barnett .. 230 5 A. Yates debs .. 315 5 A. B. Cables .. 190 3 Broadlands .. 64 1 pf ... 57 1 CPD .. 154 I Can Tim. .. 108 2 Carter Holt .. 238 9 Ceramco .. 188 4 Challenge .. 180 2 Dalhoff K .. 52 2 DB .. 92 2 D. Reid . .. 195 5 Feltex .. 95 2 ICI NZ . . 157 3 L. D. Nathan .. 175 2 Lion .. 84 1 10 p.c. pf 77 J Manawatu .. 100 3 Marac .. 175 5 Morrison PIM .. 120 5 NZFF .. .. 173 2 NZ Forest ... 214 2 NZ Ins .. 270 6 NZLL 78 2 NZ Steel ... 180 2 Rex Consol .. 245 3 Sanford pf * .. 310 4 Wattie deb „. 124 2 W Horton ... 250 3 Winstone 87 1 Pf * ex dividend .. 66 2

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19780817.2.94

Bibliographic details

Press, 17 August 1978, Page 12

Word Count
252

MARKET REMAINS EASY Press, 17 August 1978, Page 12

MARKET REMAINS EASY Press, 17 August 1978, Page 12

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