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Heavy fails again on Australian makets

Australian markets took another plunge yesterday with share prices falling'across the board in dull trading conditions. The uncertainties surrounding the eventual outcome of last week’s Federal elections continued to affect market sentiment, the traders said.

Miners led the downslide. Bougainville, Peko-Wallsend and C.R.A. recorded some of the heaviest falls in this sector. MELBOURNE Sales.— Ampol, 57, Ansett, 73; Assoc. Pulp, 133; A.C.1., 235; A.P.M., 153; N.S.W., 750; Boral, 200; 8.H.P., 78C: Brolite, 110; Comalco, 225; C.U.8.Z., 225- Coles, 122; C.S.R., 398; C.8.A., 255; Cyclone 155; Dunlop, 99; Email, 84; E.Z.1.. 345: F. and T., 125: Gollin. 100; G. Gotch, 220; G.U.D., 350; Herald, 298; Hooker, 118: Humes, 100; 1.C.1., 195; Jennings, 175: H. Jones. 195: Mayne Nick. l-is-. Mcllwraith, 155: McPhersons, 60; Nvlex, 95: P. Morris, 650; Myers. 172; Nat. Bank, 310; Nat. Consol., 116; News, 155: Olympic. 75: Overseas, 166; Petersville, 33; Reneo, 161; Sleigh, 46; Swan, 170: T.N.T., 150; Uniroyal, 96; Wehl, 240; A.A.R., 125. Mining, oil.— Aberfovle 65; Aust. Dev., 42; B.H. Sth, 275; Cent Norse, 155: Cons Gold, 335; C.R.A., 270; Gt Boulder, 68; Hamersley, 145; Utah, 395: Metals Exp., 58; M.1.M.. 220; Mt Lyall, 165; Oil Search. 14: Santos, 90; Silver V., 48: Sthland, 30. W.M.C., 161. SYDNEY Sales.—Amatil. 228; Ampol, 57; Ansett. 73; A.W.A.. 132: Assoc. Sec., 110; A.N.Z., 630; A.G.C., 165; N.S.W., 750; 8.M.1., 125; Boral, 205: Brambles, 135; 8.H.P., 718; Bundaberg. 380; Burns P.. 300; Carp 165; Clvde. 127; C.S.R., 395; C.A.G.A., 250; Coles, 122; Comalco, 225: C.8.C.. 228; Cone. Monier, 155; Email. 84: Elders, 235; Fairfax. 200; F. and T., 122; Hanimex, 214; J. Hardie. 494; Hooker, 116; 1.A.C.. 130: 1.C.1., 196; D. Jones, 142; L.N.C., 162: Lend Lease 300: M.L.C., 305; Mainline, 120; Marrickville, 70; Mauri. 105; Myers, 172: N.Z. Forest, 435; Newbold, 175: News, 154; Penfolds. 180; Petersville. 33; Pioneer Monier, 150: Pioneer

Sugar, 405; Protector. 150; Publisher, 125; Sims, 104; Sleigh, 47; Soul, 634; Slater W.. 52; Swan, 168; Taubmans, 89; Thiess. 150; Tooheys, 612; Tooths, 239; T.N.T., 147; Travelodge, 46; Waltons, 135; W’wths 82.

Mining, oil.—Assoc. Mln., 250; Beaver Exp., 7; B'ville, 192; B.H. Sth, 275; Carr Boyd, 95; Patrick, IO; Cleveland. 45; Com. Min., 245; Cons Gold, 340' Cons Rut!., 125; C.R.A., 270; Cudgen, 29; Emperor, 220; G.M. Kalg., 180; Hamersley, 145; Kath. Inv.. 55; Mt Flinders. 220; Nth Min., 4; Paringa, 12; Peko W.. 390: Placer, 1600; Poseidon, 620; Qld Min., 80; Robe R., 48; Sthland 30; W.M.C., 160; Westralian, 24, Woodsreef, 21; Allodev. 7J; Ampol Ex., 85; A.A.R.. 125; A.0.G., 10; Bridge, 14; Clarence. 5; Longreach. 41; Oil Search, 15: Pexa, 4; Timor, 11; Woodside, 124.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19740522.2.78

Bibliographic details

Press, Volume CXIV, Issue 33540, 22 May 1974, Page 11

Word Count
438

Heavy fails again on Australian makets Press, Volume CXIV, Issue 33540, 22 May 1974, Page 11

Heavy fails again on Australian makets Press, Volume CXIV, Issue 33540, 22 May 1974, Page 11

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