Wattie at new peak
Share prices were mixed in moderate trading on New Zealand stock exchanges yesterday. Andas rose 5c to 110 c after reporting a profit recovery for the full year, but Allied Farmers’ Co-operative continued to ease in spite of announcing a higher profit and dividend. Midland gained 30c to 200 c after news that the Government Life Commissioner had sold a big shareholding in the. company to an Auckland businessman for an undisclosed sum. Among the market leaders, Wattie reached a new peak for the year of 121 c, but N.Z. Forest Products fell a further 5c to 350 c.
RISES
FALLS
New Zealand A Harvey Price Var’n c c 235 2 And Beaven 116 1 pf 94 1 Andas 110 5 A Yates 358 3 Autocrat ■ 155 5 CPD 210 5 Can Timber 312 2 Challenge 302 2 16 pc pf 302 2 Cooks Wine* 170 8 Dalhoff K65 1 Firestone 117 1 Healing 295 10 pft- .. 265 23 Midland 200 30 Mtr Holds 140 8 NZ Farm Cp 101 1 NZFFt 170 2 NZ Ins . 245 2 NZ Steel 187 2 Optical 68 3 UEB 15 pc pft 57 1 Waitaki NZR 189 2 Wattie 121 i Min Res 110 5 rts 90 5 . OVERSEAS BHP 2175 25 CSR 1020 50
New Zealand Price Var’n c C Allflex 112 1 •' Allied Farm; .. 283 2 pf . ; 285 5 ANZ Bank 226 2 A Ellis .. 28 2 Atlas 26 2 Colyer W .. 128 2 Crown 203 2 D Wallace . .. 100 3 Dorn Brew 11 pc. pf .. 48 2 FTC . . ... 104 1 GB Cement .. 49 1 H Berry 150 2 ICI NZ .. 187 1 I W-Dow 245 3 LWR 118 1 Lion Brew 12 pc pf .. 75 2 McAlpine 69 1 M O’Brien .. 70 5 Montana 162 1 MSI Corp 96 2 Mtr Traders .. 55 1 Mt Cook 173 2 . Nat Ins 200 3 NZ Forest ' .. 350 5 NZMC 143 1 NZ News 210 1 Odlins .. 83 1 Prestige 80 10 Skellerup 295 3 Smiths Mkt .. 120 2 Spedding 50 1 Vacation 57 1 Winstone 72 1 L and M 37 1 OVERSEAS Comalco 680 20 tex dividend *ex rights
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Press, 24 September 1980, Page 22
Word Count
362Wattie at new peak Press, 24 September 1980, Page 22
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