Falls outnumber rises on Australian markets
Prices receded generally in both mining and industrial sections of Australian exchanges yesterday. Falls outnumbered rises by about two to one.
B.H.P. went against the trend, and finished 2c higher at 872 c, and Colonial Sugar rose 8c to 500 c, but the Herald fell 3c at 405 c. Banks tended easier, with the Bank of New South Wales down 4c at 876 c and
the Commercial Bank of Australia down 5c at 350 c. The C.B.C. Bank of Sydney went against the trend, edging up 2c at 312 c. Retailers were steady. On the mining boards, C.R.A. was again unchanged at 660 c but Bougainville fell 7c to 276 c, N.B.H.C. dropped 8c to 370 c, and Hamersley 5c to 240 c. Western Mining fell 7c at 265 c and Metals Exploration was down 5c at 140 c. Great Boulder, however, was unchanged at 135 c. Gold Mines of Kalgoorlie was one to record a rise. Its shares moved up 14c to 180 c, but Emperor was untraded, and Peko lost 4c at 900 c.. Woodside Burmah dropped a further 3c to 247 c.
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Press, Volume CXIII, Issue 33253, 16 June 1973, Page 13
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191Falls outnumber rises on Australian markets Press, Volume CXIII, Issue 33253, 16 June 1973, Page 13
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