Retreat continues
Share prices Continued to retreat yesterday, in quiet trading on New Zealand stock exchanges. The N.Z.U.C. index fell a further 2.07 points to close at 602.12, putting its net drop for the week at 14.55 points. Some market leaders agaih incurred big falls. Carter. Holt lost 15c, Alcan 10c, Canterbury Frozen Meat 10c, CBA Finance sc, U.E.B. sc, and Farmers’ Trading Company 4c However, some leading issues firmed as investors took advantage of the lower prices. Dalhoff and King fell 4c to 2c in reaction to the news that it may cease trading, but R. and W. Hellaby recovered 2c in spite of the report of big losses at its Shortland works. Motor Holdings firmed 3c to 85c although vesterdav it reported a sharp fall in profits in the latest half-year.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19821120.2.63.6
Bibliographic details
Press, 20 November 1982, Page 18
Word Count
133Retreat continues Press, 20 November 1982, Page 18
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.