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Indicators

N.Z. market Rises Falls T’over

Money rates Rates collected by the Reuters Economic Service in Wellington at 11 a.m. yesterday were: Call deposits: 11.75 per cent. Commercial bills, 90 days: 14.60 per cent, 90-day bank bills: 14.30 per cent, GSK Nov. 1993: 13.23 per cent. Gold and silver Gold prices, in SUS per fine ounce, from New York (closing mid-rate) and London (3 p.m. fix). Silver spot fix price,

Metals London, Nov 4 (settlements in £ a tonne): Copper (standard), 1800: Zinc (high grade), 1515; Lead, 376; Aluminium (standard) 1418 and one-month 1340; Nickel, 12,700; Platinum, 576.50 (SUS a troy ounce).

Brierley sweat Britain’s second biggest hotelier — Robert Peel — is determined to make “Kiwi raider,” Sir Ron Brierley, sweat, according to the “Daily Express” newspaper. Peel, chairman of the Mount Charlotte hotel group, is believed to be considering a £4OO million (SNZII39M) rights issue. That would dilute Sir Ron’s 7 per cent stake and give Peel ammunition for the likely auction of Scottish and Newcastle’s Thistle Hotel group, the paper said.

Nov 1 26 33 7,853,780 Nov 2 21 28 9,513,901 Nov 3 22 36 10,267,854 Nov 4 21 44 7,125,438 Nov 7 17 38 5,003,778 Barclays Base 100, January 1, 1957. Ind. Min. Nov 1 2016.36 181.43 Nov 2 2007.56 182.93 Nov 3 1987.75 183.80 Nov 4 1969.71 182.57 Nov 7 1959.46 182.57 NZSE Base 1000, July 1, 1986 Capital Gross Nov 1 661.23 729.43 Nov 2 659.05 727.65 Nov 3 653.60 721.64 Nov 4 649.37 717.00 Nov 7 646.14 713.4 Overseas Australia Rescs Ind. All ord. Sep 12 772.3 2508.0 1515.8 Oct 10 737.0 2541.0 1534.7 Nov 3 811.5 2584.9 1572.0 Nov 4 810.1 2580.8 1569.4 Nov 7 802.0 2562.2 1556.7 Gold Oil Retail Sep 12 1597.8 523.4 2681.7 Oct 10 1506.1 535.7 2674.0 Nov 2 1637.2 567.7 2689.2 Nov 3 1652.0 566.8 2672.9 Nov 4 1647.7 563.6 2681.6 Nov 7 1626.0 557.8 2616.0 New York— •Dow Jones Ind. Tsp. T’over Sep 9 2068.81 873.81 N/A Oct 7 2150.25 926.06 216,350,000 Nov 2 2156.83 932.75 162,000,000 Nov 3 2170.34 936.67 152,980,000 Nov 4 2145.00 929.73 143,580,000 Standard and Poor’s NY 500 Comp. Ind. Fin. Sep 9 266.84 305.97 25.76 Oct 7 278.07 319.17 26.36 Nov 2 279.06 321.35 25.73 Nov 3 279.20 321.51 25.70 Nov 4 276.31 318.09 25.43 London.—“Financial Times” FT 30 FT 100 Govt Sep 9 1738.4 1398.5 86.6 Oct 7 1490.4 1844.7 88.74 Nov 2 1495.6 1843.2 89.19 Nov 3 1489.5 1837.6 89.02 Nov 4 1485.6 1834.3 88.82

Asia.—Hong Kong (‘Hang Seng’), Singapore (Shares Index), Tokyo (Av. 25). H.K. S'pore Tokyo Sep 9 2496.56 294.34 27.647.10 Oct 7 2478.87 283.24 27,258.27 Nov 2 2607.82 288.30 27,985.26 Nov 3 2584.49 288.37 holiday Nov 4 2584.51 288.55 27,953.25 Foreign currency Rates at 3 p.m. yesterday as quoted by the B.N.Z. TT buy TT sell Australia 0.7533 0.7459 Can. 0.7673 0.7573 Fiji 0.8856 0.8715 France 3.8327 3.7632 H. Kong 4.8973 4.8177 Japan 78.60 76.90 Singapore 1.2460 1.2233 Sterling 0.3544 0.3486 Switz 0.9412 0.9236 U.S.A. 0.6270 0.6170 W. Germ. 1.1268 1.1056

London. N.Y. London Silver Sep 9 429.50 429.40 6.57 Oct 7 403.25 403.90 6.31 Nov 2 421.75 414.75 6.27 Nov 3 421.37 423.40 6.50 Nov 4 421.25 421.00 6.40

Oils Latest international oil prices (SUS a barrel) include: Brent fut. (Dec): 12.95/13.05 Dubai traded (Dec): 10.60/10.70

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19881109.2.139.34

Bibliographic details

Press, 9 November 1988, Page 45

Word Count
548

Indicators Press, 9 November 1988, Page 45

Indicators Press, 9 November 1988, Page 45