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NZ market remains firm

Share prices continued to firm in moderately active trading on the New Zealand Stock Exchange yesterday. The NZUC industrial index rose 2.75 points to a record 972.36. Alex Harvey Industries firmed 5c but Carter Holt eased 2c after news that both companies had combined to make a bid for Henderson and Pollard. There were no H. and P. sales yesterday, nor was it quoted on the Christchurch-Invercargill exchange. John Burns w r as steady at 165 c, although a smaller parcel sold for 150 c, as investors seeking a 51 per cent holding withdrew from the market having satisfied their requirements. The mining and oil sector recovered strongly. NZ Oil and Gas rose 18c to 88c and Cue Energy 5c to bsc.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19830923.2.66.16

Bibliographic details

Press, 23 September 1983, Page 8

Word Count
126

NZ market remains firm Press, 23 September 1983, Page 8

NZ market remains firm Press, 23 September 1983, Page 8

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