Fuel costs worry market
Higher fuel prices and the expectation of a resulting^ e .’"O? 1 * 0 ”?' the recent firm New Zealand saremarket to become mixed yesteiday. Ilea. g stock exchanges because of speculation that domestic interest rates would i - s ‘ New Zealand market. The N.Z.U.C. index fell more than two points to 364.40, but a number of market leaders were ex dividend yesterday.
RISES New Zealand Price Var c c A M Bisley* .. 205 3 Autocrat 120 Brierley 284 1 Broadlands* 85 1 —pf* 84 1 CPD 10% pf .. 137 2 Chenery 108 2 Ebos 80 5 Firestone 120 Fletcher* 268 4 Gen Fin 210 5 Hallenstein 222 2 Hauraki* 200 4 Ind News 175 2 J Aviation 210 5 J E Watson pf 215 5 J Nathan deb . 120 10 L D Nathan 207 2 NZLL 87 1 NZMC . . 125 1 NZ News 203 3 NZ Steel* 182 1 Niven 125 3 C Ilins 13% pf .. 54 2 Print Pack 154 1 Steel Tube 107 1 Trans vision 300 13 Wattie pf* 60 1 W Jeffery 137 z W Horton 265 3 W Distiller 120 5 Overseas CSR 528 13
FALLS New Zealand Price Yar n c c Allied Farm 225 2 A Yates pf 115 5 Ak Gas 418 2 Bing H 76 2 Cooks Wine 135 1 Dalhoff K 64 1 Doni Brew 89 1 FTC pf . 66 1 Fletcher pf 104 1 Freightways 116 1 GB Cement 49 1 Hawkins 79 1 Healing pf 350 5 H Pollard 310 5 J Rattray 160 •) Me." Ipine 102 3 Mosgiel 105 1 MSI Corp 116 1 NZ Farm Cp 103 Odlins 63 1 Progressive 378 2 Q Morris 105 5 Skellerup 250 5 Sth British 282 1 Teltherm 205 3 * TNL Grp 10% pf 65 3 Waitaki NZR 152 1 Wattie 98 n Welgas . 450 9 W Neill . 297 3 Con Silver 5 1 Overseas BNSW . 325 10 BHP 115 25 MIM 358 52 * ex dividend
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Press, 28 November 1979, Page 24
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329Fuel costs worry market Press, 28 November 1979, Page 24
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