PERTINENT POINTS
when considering Australian share market conditions and outtdoks, due regard must be given to a powerlul new factor that has entered into this sphere during the past 12 months or so; that is, the buying of both preference and ordinary shares by the life assurance companies. This is a new clement of support for maintenance of share price levels and, what .is more, these life offices are likely to be permanent holders. Thus, there is now an additional force contributing towards greater stability in Australian Stock Exchange markets.”— The chairman of the Capcl Court Investment Company speaking at the annual meeting.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19480515.2.14
Bibliographic details
Otago Daily Times, Issue 26772, 15 May 1948, Page 3
Word Count
103PERTINENT POINTS Otago Daily Times, Issue 26772, 15 May 1948, Page 3
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