N.Z. market rally slows
The recent rally on the New Zealand sharemarket slowed yesterday, in mixed, moderately active trading. N.Z. Forest Products eased 3c to 325 c and Fletcher fell 4c ex bonus to 330 c. However, Odlins, Carter Holt, U.E.8., and Progressive Enterprises continued their firm trends started earlier in’ the week. Deanes Industries eased on its cautious annual report, and W. Sutherland fell 5c to 135 c. in spite of announcing last week that it had trebled its profit and doubled its dividend rate. The N.Z.U.C. index rose 0.24 points to 425.81, for a net gam on the week of 7.23 points.
NATIONAL SALES
AJaxGKN, 800/290; AHarvey.i 100(1/222; Alliance, 2800/48; Ar'Coop, 3100/275; Allflex, 50(10/117; Anbeaven, 2UO/108, 42i)U/XU9, conv pf, 4UU/93 and nts, 22UU/95; INZbank, 21,400/225, 900/227; ABarnett, 100/180 AYates, 300/340; Atlas, 3»UU/37 and lupc pf, 121)0/ 35; Aurora, suuo/145; Ballins, 14,900/70; Blllgll, 1000/70; Branii Burn, 300/72; Drily, 500/283: BHP, ; 500/1890, 2040/1900; Bunting, 500/ 70; CF'CA, 200/217; CFAI conv pf, 1100/140; Can Tim, 3900/205; CapLife, 900/75; Capßad, 1000/390; I Cart Holt, .300/430, 1400/435; Cer- ■ amco, 1500/203, 3500/210; Cbal-i lenge, 5100/240. -300/239 and rts.'l 74,390/25; Clyde, 300/90: Gol-i Motor, 1000/180; Colywat, 200/1.10,i 600/112; Command, 10,000/135;! Cook Wine, 2600/168; .Crown, 400/ 195, 800/198; DalgelyNZ, 4100/215; Deanes. 5000/145: DIC, 1300/150; DMcLWa), 2700/123; Domßrew. 1300/85. 10,700/84; DRGNZ, 10,800/ 100; DunlOpNZ, '3OO/335: EbOS. 700/94; Endeavour, 700/138: I‘TC.I 2200/110; Feltex, 500/117, 8700/1 118; Firestone, 5300/112; F and! P, 300/213. 1200/210; Fletcher,! 1500/330; Fountn, 700/145; Frt-i wavs, 3500/130: GBCem. 11,000/ 50, 400/51: Goodman conv pf, 1300/186: Hawkins., 3000/60; Heal-| ing, 1600/280. conv pf. 2900/215! and new, 100/270: 14 and P. 1150/ 415; HBcrrv, 200/158; indCheni. 200/195: IW'Dow, 3400/205: JamesAv. 200/210: JSmith. 300/90 and conv pf. 200/58; JWatfon conv p,f 100/225; JBurns, 5500/153: LWR. 1000/77, (2500/76) and conv pf, 300/63; LDNatlian. 700/190:' Lion, 6200/84. 3500/83. special.!
163,000/83, lOpc conv pf, 300/80 1 and 12pe conv pf, 100/59, 5600/70; Manthel, 3UO/170; Marac. 1900/ 225; McAlpine, 1600/80; Montana, 2400/149, 500/148; Mosgiel. 300/ 10, 10,100/15, 19,000/12, 300/14 and conv pf, 900/15. 3100/18; MotHolds, 300/135; MSI, 4900/115; MotTrad conv pf, 100/50; Xatlns, 200/215, 700/218; Neil, 12,700/38; NZCement, 1600/104; NZFarmCp, 11,000/90; NZLaimF. 500/162. 500/ 161; NZFP, 19,900/325. 2400/326. 900/322, 3300/328; NZIG, 400/360;! NZI, 100/278, 2900/280, 400/282;! NZLand, 300/20; NZMotßod. 200/ 100- NZMC, 2000/147, 5000/148: NZNews', 200/212, 213; NZRefin, 1)200/97; NZSteel, 5100/190; 0(1lin, 23,700/80, 1000/79, 12.5pc conv pf. 400/53. 400/55 and 13pc conv pf, 100/60; Phillmp, 200/112: Prestige, 1100/77; PrintPac, 500/ 175 and conv pf, 300/145, 400/142: ProgEnt, 1450/465 and conv pf, 50/770: Prop Sec. 400/155: RadioAv, 900/170; RadioOtago. 10,000/ 135; RHellabv, 1600/165; RepcoNZ, 300/98; RexCohs. 1200/242: Skellerup, 900/305: Sniitlißio. 500/ 180 and new, 1500/170: SniithMkt, 1000/126; SHI, 100/282, 1100/273, 2400/280; SFM. (200/220). 1300/210. 200/212. 3500/215: Soedding. 500/ 55 and conv pf. 200/68: Steel Tube. 300/107, 300/108; Tasman. 3600/ 340: Tollev. 3100/90: Tour Fiji, 200/55: TNI... 10,800/75, and lOpc conv pf. (100/60): TptNC. 300/100 and conv pf. 100/100; UEB. 33.400/ 121, 6300/120. 12pc conv pf. 1900/ 103, and 100/105. 100/106, 200/107 and 15pc conv pf. 200/70; Avatn. 600/63: WaitakiNZ. 5200/160, 200/ 161 and conv deb. 4500/155; Waf-
tie, 14,700/112 and conv pf, 400/ 63, 800/69; Winstone, 26,500/79. 11,800/80 and conv pf, 800/54; WSuthld, 600/135. L and M, 3000/34;..MinResNZ, 400/45, 1000/47. RISES New Zealand Price Var’n c c And Beaven .. 109 1 nts 95 3 ANZ Bank .. 225 1 ißrambles B .. 72 2 Cap Life .. 75 2 Carter Holt . . 435 5 Challenge " .. 240 2 Colyer W .. 112 2 Command .. 135 3 Crown .. 198 3 DRG NZ ..100 5 Dunlop NZ .. 335 10 Fountain .. 145 5 LWR .. 77 1 ■ pf* .. 68 1 Lion Brew 12pc pf 70 1 Mtr Traders pf .. 50 2 Nat Ins .. 218 3 Neil Holds .. 38 2 NZMC ..148 1 NZNews .. 213 1 Odlins ■ .. 80 1 12.5pc pf .. 55 2 i Prestige .. 77 2 ! Print Pack .. 175 2 1 Progressive .. 465 5 pf .. 770 70
FALLS
I Rex Cons 242 2 'Skellerup 305 5 Smiths Mkt 126 1 SFM 215 5 Spedding 55 1 Steel Tube 108 2 UEB . .. 121 1 12pc pf 108 3 15pc pf 70 5 Winstone 79 1 Min Resources 47 2 Overseas BHP 1900 30
New Zealand Price Var’n c c Cooks Wino .. 168 2 Deanes Ind 145 5 D Wallace .. 123 2 Doni Brew .. 84 1 Endeavour .. 138 2 FTC .. 110 1 Fisher P .. 210 5 Fletchert .. 330 4 NZ Forest .. 325 3 Print Pack pf .. 142 1 Radio Avon .. 170 5 Radio Otago .. 135 5 Repco NZ .. 98 2 Spedding pf .. 68 2 W Sutherland . . 135 5 *ex dividend tex bonus
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Bibliographic details
Press, 21 June 1980, Page 18
Word Count
747N.Z. market rally slows Press, 21 June 1980, Page 18
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