Bulls in command
Bulls resumed command on New Zealand stock exchanges yesterday, stimulated by favourable news on the economy and the Government’s announcement of regulations to control property mortgage interest rates. After Tuesday’s falls bargain hunters moved in early but the market surged ahead after the Government announcement. The N.Z.U.C. industrials index reached a new high of 1091.00, up 24.47 points after its 15.82 point fall on Tuesday.
RISES New Zealand Price Var’n
FALLS New Zealand
c c Ajax ANZ . 460 . 675 10 5 A Barnett . . . . . 260 10 Atlas . 120 2 Ak Gas . 375 5 Baillie 100 1 Brierley . 360 10 rts . 290 10 Bunting . 410 10 CFM pf 340 10 CBA Fin . 555 5 Ceramco . 223 3 Chase . 208 3 Ch Press . 280 5 Colyer . 210 3 D Wallace .... 125 13 84 nts 99 6 17 pc pf. . . . . 121 9 Dom Brew. . . . . 175 5 new . 165 5 EMCO 240 2 FTC . 275 5 Fletcher . 278 18 ctb . 200 12 Gen Props. . . . 132 2 G Bay 70 3 I W Dow . 305 5 J Impey . 380 5 J Smith 110 5 J Burns ..... 158 3 J Nathan 210 2 Lanes 100 5 L D Nathan. . . 345 5 Lion . 223 1 Mogal . 455 5 Mt Cook 395 5 Nat Ins 320 8 Neil H 150 4 NZFP 520 15 NZLL 70 5 NZ News . 445 10 NZSB 145 5 ctb 95 3 opts 45 4 Repco 135 5 Rex . 350 5 R Jones 130 5 Rothmans .... . 255 5 Smith Bio .... 200 5 Spedding 90 5 Teltherm . 350 15 Tolley . 298 3 Tour Fiji 500 30 TNL 230 5 UEB . . 170 5 Wattie pf 252 7 W. Horton .... 630 10 Winstone 180 10 pf 95 11 Coal En 23 3 Cue 62 7 Crusader 24 2 Horizon opts. . . 20 3 L and M 42 2 Sth Pet ctb . . . 21 1
AHI Price Var’n c . 450 c 5 Annex 470 5 Aurora nts. . . . 510 30 CFM . 395 10 Clyde CCL 92 . 138 1 2 Cooks Wine . . . 95 3 Dalgety 158 2 DIC . 124 1 E L’stein . 360 15 EMCO pf . 125 2 FCL 15 pc pf. . 120 2 LWR . 213 2 Mair . 445 5 MKM 140 5 McConnell.... . 300 5 NZ Steel. . : . . . 317 3 Wiljef . 220 10 Bridgevale. . . . 17 3 Petro Tar opts. 30 5 Utd Res 85 5
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Press, 10 November 1983, Page 22
Word Count
386Bulls in command Press, 10 November 1983, Page 22
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