NZUC index passes 1300
The NZUC industrial index gained a further 13.20 points on a bullish, moderately active morning call on the New Zealand Stock Exchange on Thursday. The index closed at 13'1.75 points, putting its gains for the last three trading sessions at 45.32 points. NZ Forest Products rose a further 15c to 315, after gaining the same amount on Wednesday, and its rights improved 25c to 110. Other leading issues to firm included ANZ Banking Group sc, Fletcher Challenge Ic, and New Zealand South British 4c. CBA Finance gained 15c to 475 and BNZ Finance was steady at 490 c ahead of its result. Among second-line issues A. M. Bisley was prominent on an increase of 25c to 200, after the Hamilton agricultural and industrial equipment distributor was actively traded on Wednesday. Morrison-PIM lost 8c ex bonus, Barclays New Zealand was steady at 360 c on its ex bonus price, and Abacus rose 3c ex rights. Wilson and Horton rose 20c to 650, Among the newly listed issues, Fleur International Corporation was unchanged at 60c in busy trading, and Northgate Properties was also steady at 90c. Leisureland Corporation firmed 2c to 62, but was still below its listing price of 75c, and Perry Dines, the New Plymouth civil and contracting engineers, lost 1c to 109.
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Press, 21 April 1984, Page 23
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217NZUC index passes 1300 Press, 21 April 1984, Page 23
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