Kōrero: Stock market

Oil rush, 1983

Oil rush, 1983

In July 1983 the separate stock exchanges came together in a national exchange. Four months later the arrival of several oil rigs in New Zealand waters to investigate possible oil deposits led to speculation in oil stocks. Here, crowds peer through the windows of the stock exchange in Wellington, unable to get into the overcrowded viewing gallery.

Te whakamahi i tēnei tūemi

Alexander Turnbull Library, Dominion Post Collection (PAColl-7327)
Reference: EP/1983/4685

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

Ngā whakaahua me ngā rauemi katoa o tēnei kōrero

Te tuhi tohutoro mō tēnei whārangi:

David Grant, 'Stock market - Towards a national exchange, 1950–1984', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/photograph/23686/oil-rush-1983 (accessed 17 August 2022)

He kōrero nā David Grant, i tāngia i te 11 Mar 2010