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Bunting loses ground

Bunting came under selling pressure on an easier, moderately . active New Zealand sharemarket yesterday, and fell 15c to 250 c. Bunting sold at 230 c the previous Monday, investors showed their disapproval of the Odlins profit, and the issue lost 6c to 96c. Newspaper issues were again firmer: Independent Newspapers, which is shortly expected to make a profit announcement, rose sc, and Wilson and Horton gained 10c. Among the market leaders, N.Z. Forest Products firmed Ic, Fletcher Challenge was steady, and Wattie lost 1c ex dividend. Dominion Breweries and Lion Breweries eased after recent gains.

RISES

FALLS

New Zealand Price Var’n c c Alex Harvey . . . 335 5 BOS • 87 1 CFM 222 2 Can Flour xd. . 210 30 Clyde Grp 93 3 Cooks Wine .... 100 1 Ebbett xd 160 5 EMCO 172 2 Firestone 132 2 Goodman Grp. . . 247 5 Ind News 250. 5 J H Impey .... 262 2 John Burns .... 105 10 John Edmond. . . 260 10 LWR 112 2 L D Nathan pf. . 190 5 Manthel 338 2 M O’Brien 15pc pf xd 55 5 NZ Forest 314 2 Optical . .... . . 48 1 Progressive pf . . 420 5 Prudential 130 5 R W Hellaby . . . 86 1 Revertex 315 5 UEB 143 1 Utd Pub xd. . . . 288 1 Visionhire 125 2 Wattie 16pc pf xd. 178 1 W Horton 455 10 Winstone 12pc pf. 75 2 Yates Corp pf . . 135 5 Overseas Comalco .' 275 5

New Zealand Price Var'n c C Alcanl63 . . . . 2. Alliance pf . . . 145 5 Ak Gas 280 8 Aurora . 320 5 Bendon ...... .195 5 . Brierley ...... 276 4 Bunting. 250 15 new. 240 15 Carter Holt . . . . 390 5 Chenery ....... 240 10 CCL 135 3 ’ D McL Wall . . . 100 2 Dom Brew. . . . 130 2 Donaghys 15pc pf . 55 1 FTC 158 2 Pf 135 5 Fisher Paykel. . . ‘304 1 ■ Fountain . 120 3 ■■ Foveaux ...... 80 5 Golden Bay . . . .• 77 ' 1 ICI NZ 255 5 IW-Dow 210 2 LWR pf . . .. . .. L D Nathan. . 180 226 15 2 Lion Brew. . . . . 176 2 lOpc pf 170 2 Mair. . . ( .. ... . 310 5 Mtr Holds ..... 135 3 Mt Cook 212 3 ■ NZ Steel .208 2 Odlins 96 6 ts 105 2 Progressive .... 182 3 Rothmans rts. . . 21 . 1 ■ Spedding 803 . Steel Tube 176 4 Wattie xd ■ 183 1 Cue Energy opts. Min Res NZ. . . . 5 53 1 1 NZOG.’. 33 d xd ex dividend

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19820602.2.155.6

Bibliographic details

Press, 2 June 1982, Page 26

Word Count
389

Bunting loses ground Press, 2 June 1982, Page 26

Bunting loses ground Press, 2 June 1982, Page 26

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