N.Z. Forest steady
Share prices tended to ease on a mixed, moderately sharemarket, yesterday. N.Z. Forest Products remained steady at 400 c in spite of the announcement that Japan will halve its timber imports, and Odlins eased 3c under profittaking from gains at the end of last week. New Zealand Land Securities gained a further lc to 31c in active trading, putting the issue 6c above the price offered by Whitehaven Holdings. Selected market leaders continued to do well, including Ceramco and Feltex, but Winstone sucumbed to downward pressure.
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Press, 31 March 1981, Page 22
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89N.Z. Forest steady Press, 31 March 1981, Page 22
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