Weaker N.Z. market
Share prices closed on an easier, mixed note in active trading on New Zealand stock exchanges yesterday. Market leader, N.Z. Forest Products fell 2c to 247 c, while both National Insurance and South British again eased because of the disaster at Abbotsford, Dunedin. N.Z. Steel was steady at 166 c ex dividend and bonus. Ajax G.K.N. gained 20c to 230 c on its higher profit, and N.Z.M.C. rose 2c to 147 c on the report that the company was developing plans for the conversion of vehicles from petrol to L.P.G. and C.N.G. — - ntc-i'C t’AHC
RISES
FALLS
New Zealand Var’n c Price c Ajax pf 230 20 Allied Farm 260 20 Crown pf 215 5 Dalhoff K 50 1 Deanes — 260 20 HB Farm 210 3 pf r. 146 2 Healing pf 280 5 Hodder 257 2 Midland 165 5 Mtr Holds 80 2 NZMC 147 2 NZTS 170 2 Print Pack new 154 4 Re vertex 270 10 S Biolab r».* : 200 5 Smith Mkt r... 147 2 Tasman 203 1 UDC Fin 155 3 Overseas BNSW 360 12 BHP MW 1175 25
New Zealand Price Var’n c c A Yates 305 5 CPD 140 1 D Wallace 153 2 Dom Brew 86 1 Feltex tv*#? 107 2 Fletcher 240 3 GB Cement 52 1 Goodman 225 5 Hawkins '83 1 ICI NZ 155 3 J Smith 95 2 J Rattray 180 5 L D Nathan 202 1 Marac - 170 2 MSI Corp r. •• 119 1 Nat Ins - 192 1 Neil Holds 41 1 NZ Forest I.**.247 2 Rothmans 110 2 S Brown 140 2 Sth British 283 2 UEB 12 pc pf 73 1 Waitaki NZR pf 124 1 L and M a . 24 1
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Bibliographic details
Press, 11 August 1979, Page 18
Word Count
289Weaker N.Z. market Press, 11 August 1979, Page 18
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