N.Z. market remains weak
Share prices continued to fall in moderately active trading on the New Zealand Stock Exchange yesterday. The Barclays industrial index lost a further 12.93 points to 1272.29, adding to the 49.77 points it dropped in the previous two sessions. Dalgety Crown, Fletcher Challenge, and NZ Forest Products eased 3c each, and harder hit were Alex Harvey, ANZ Banking Group, and McConnell Dowell. However, Cable Price Downer, Fisher and Paykel, NZI Corporation, and Winstone were prominent in the rises. Mount Cook Group gained a further 20c to 500, perhaps on the expectation that the company’s tourism trade would do well under devaluation. United Transport Holdings, which was listed on Monday, traded at a steady 80c. UEB Industries lost 4c in active trading.
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Press, 25 July 1984, Page 31
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125N.Z. market remains weak Press, 25 July 1984, Page 31
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