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Quiet firm trading in Australia

The market was quiet but firm in Australia yesterday with industrial shares attracting the most interest. Rises outnumbered falls in all sections, but moves remained small.

Sugar and retailing issues! remained firm, but banking issues were quiet and mixed, as were the breweries. On the mining board, Poseidon rose 70c to 900 c. The Perth Stock Exchange has queried the company on the reason for the rise. A spokesman for Western! Mining has denied a rumour! that his company was making a take-over bid for Poseidon. But the Perth stock exchange is rife with rumours of the Poseidon take-over. SYDNEY Sales.—Ampol, 75; Ansett, 73; Ass. Sec.. 190; A.G. Corp., 235; A.N.1., 135; N.S.W., 990; Blue Met., 160; Borg, 390: Bramble. 123; Brit. Tob.. 290; 8.K.P., 860; Burns P.. 435; Carp., 245; Clyde, 136; C.S.R.. 490; Comalco, 305; Com. Bank Svd., 310; Cone. Ind., 155; Courth’ds, 49: D.F.C.. 690: E.Z.1., 380; Elders. 220; F. and! T., 146; Hanimex, 245; J. Hardie.; 600; Hooker, 164; D. Jones, 172; Lend Lease, 425: Lifesavers, 325; M. 580; Mainline. 415; Marrick, 105; Mauri. 135; Miller, 220; N. Forest. 365; Newbold. 100; News. 440: Olims. 9; Pioneer C, 220; Pioneer S, 400; Publishers. 175; Pye, 128; Qld Ins.. 450; Rothmans, 290; Sitns, 103; Sleigh, 65: Soul. 730; Sth. Brit.. 405; Thiess. 183: Tooheys. 263; Tooth. 350: Travelodge. 75; Union Carb., 430; Waltons, 225; W/wths, 103.

Mining, oil.—Allstate. BJ;j I Beaver Exp., 14; B’ville, 258; B.H. Sth. 270; C’reagh, 6J; Coin. Min., 300; Cons. Gold. 415; C.R.A., 582; [Emperor, 230; G.M. Kalg., 152; I Hamersley, 220; HUI 50, 31; Kam[balda, 1J; Kath Inv., 100; Laver|ton, 3; M.1.M., 275: N.8.H.C., ■1330; Nth Flind., 42; North Min., i[ 6; Peko, 850; Project Min., 6; [ Poseidon, 902; Qld Mines, 136; I Robe R.. 76: Scamander, 6; West. UMin., 250; Westralian, 21; Woods- ■ reef, 6J; A.A.0.. 99; A.0.G., 32; .[Bounty, J; Bridge, 16; Genoa, 3; Oil Search, 11; Pexa, 2: Timor, ’[7; Vam Gas, 23; Woodside, 253. MELBOURNE Sales.—Ampol, 75; Ansett, 72; Assoc. Pulp, 155; A.C.1., 264; ARC., 138; Assoc. Pulp, 155; A.C.1., 264; A.K. Cement, 112; A.P.M.. 212; N.S.W., 990; IBoral, 275; 8.H.P., 862; ComI [ alco, 310; Bundaberg, 530; I I Carlton Z, 448; C’maine, 700; I Coles. 161; C.S.R., 495: Containers, I [ 290; Cyclone, 190; Dunlop, 109; '[Email, 127; E.Z.1., 380; F. and T„ I 1145; Flex Drive. 300; G. Gotch, '[265; G.U.D., 390; Healing, 5: Herald, 393; Hooker. 165; Humes, [[l3o; 1.C.1. Aust., 220; Jennings, [355; M. B. John, 135; Kauri 42; I Mayne Nick. 155; Mcllwraith, 135: i McPhersons, 62: Myers, 298: Nat. [ Bank. 380; Nat. Consol. 165; News, 435; Olympic. 90; Repco, 215; i Petersville, 34; H. Smith, 300; [ Swan. 228; T.N.T., 245; Wehl, 255. Mining, 0i1.—A.A.0., 98; Beach. ; 25; Bounty, 1; B.H. Sth, 270; Cons. . Gold. 420: C.R.A., 580; Gt Boul- : der. 126; Hammersley, 220; Utah. . 425; Magellan. 102: Metals Exp.. . 125; M.1.M., 275: N.8.H.C.. 330; ; Nth 8.H.. 150: Oil Search. 10; Renison. 750; Santos, 185; Silver. V.. 45; S'thland, 51; West Min., 250. STURGE WILSGN and CO. Members Christchurch Stock Stock and Sharebrokers Exchange 71 CAMBRIDGE TERRACE near Bridge of Remembrance, P.O. BOX 85, Telephone 65-746. —Advt

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19730526.2.89

Bibliographic details

Press, Volume CXIII, Issue 33235, 26 May 1973, Page 10

Word Count
528

Quiet firm trading in Australia Press, Volume CXIII, Issue 33235, 26 May 1973, Page 10

Quiet firm trading in Australia Press, Volume CXIII, Issue 33235, 26 May 1973, Page 10

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