Quiet start by N.Z. market
The New Zealand sharemarket opened the week quietly yesterday, because the country’s busiest exchange, Auckland, was closed for the province’s anniversary day. Trading was easier and the NZUC industrial index lost 2.30 points to close at 1410.04. Alex Harvey stood out on a gain of 15c to 365 c, and Goodman Group was also prominent, improving 10c to 475 c. But market leaders dominated the falls, which included Brierley, Carter Holt, Feltex, NZ Forest Products, and New Zealand South British. Fletcher Challenge was steady at 340 c. Among second-line issues, Leyland Investments rose 15c to 365 c and Ra Ora Stud recovered 5c to 290 c. Property companies tended to be mixed; City Realties and Robt Jones Investments firmed but Landmark and Williams Properties were easier. The mining and oil sector was again mixed in quiet trading.
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Press, 31 January 1984, Page 22
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142Quiet start by N.Z. market Press, 31 January 1984, Page 22
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