Busy N.Z. market
The New Zealand sharemarket had one of its busiest days yesterday, when more than 11 million shares were traded About 85 per cent 61 the high turnover resulted from the bid by Mr A. D. Myers to obtain a significant shareholding in Lion Breweries. Also two million MSI Corporation shares were traded. Lion rose 15c to 190 c, and the bid helped other leading issues to firm. Dominion Breweries was widely traded in response to the Lion effort, but it remained at 117 c on the largest parcel sold. Carter Holt rose 7c to 385 c after hn excellent result, but Ballins was steady in spite of its good profit report. A number of market leaders, including Alex Harvey. Canterbury Frozen Meat. National Insurance, and New Zealand South British, eased.
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Press, 17 November 1981, Page 24
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133Busy N.Z. market Press, 17 November 1981, Page 24
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