No Pre-Budget Pause In Share Trading
Investors were not inhibited by Budget considerations in yesterday s trading and the market continued to rise on moderately heavy turn-over. Overseas shares were active and rises outnumbered falls seven to four. Key stocks led the advance in the New Zealand list, but most moves were narrow. Bank of New Zealand Finance added another 2d to 11s 2d and New Zealand Insurance rose 2d to 225. General Foods continued to climb with a 2d rise to 15s lid. Wright Stephenson at 30s 9d, Northern Steel at 14s 6d and Rothmans at 25s 6d each rose 3d. Losses of Id were recorded by Lane Walker at 15s 8d and Pye at 9s 10d. Swan Breweries lost 9d to 20s 9d and Mount Isa also fell 9d to 36s 9d. However, A.C.I. gained a further 6d to 525. B.H.P. at 51s 9d and Colonial Sugar at 25s 9d each finned 3d.
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Press, Volume CVI, Issue 31088, 17 June 1966, Page 13
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155No Pre-Budget Pause In Share Trading Press, Volume CVI, Issue 31088, 17 June 1966, Page 13
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