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Banking issues in demand in Aust.

Good demand for banking stocks highlighted a firm trading session on Australian exchanges yesterday. Bank of N.S.W. and the A.N.Z. were the best improvers, rising 10c to i 630 c and 20c to 580 c.

Other banking issues to] I rise included the C.B.A. and : ißank Adelaide, the latter on! I news that it was also reduc-j ing its interest rates. I Although the rest of the' ! market moved up turnovers | ! were again at a low level! ! with movements mostly! ; marginal. ! B.H.P. gained to 642ci ' while C.S.R., which j escaped Monday’s profit-tak-:ing, closed 16c lower at! 1420 c. In a firm property section,] : Hooker and Jennings shares! moved ahead, but Stocks! ! and Holdings failed to trade, despite its higher December earnings. Mining issues were mainly ! firmer with good rises going ito W.M.C., Cons Gold, A.M.. and S„ and B.H. South. Golds issues however, lost money after the price fall in ■ London. Emperor eased 10c to 170 c and G.M.K. 5c to 195 c. Traders showed little interest in oil stocks, with ■ most closing unchanged. SYDNEY Sales.—Amatil. 150; Ampol, 47;] Ansett. 70: Assoc. Sec., 67; A.N.Z., 570: A.G.C.. 155; A.N.1.. 91: N.S.W.. 630: Boral, 178; Borg, 130; Brambles. 135; 8.H.P.. 644; Burns P., 210: Carp. 125: C’maine, 340;! ■Clvde. 89: Coal All. 180; CSR.I ,420: C.A.G.A., 170; Coles. 117;] Comalco, 161; C.8.C., 195; C.LG.,

1200; Cone. Monier. 105; E.M.1., ■ 1225; Email. 61; Fairfax, 102; F.l land T.. 72; Hanimex, 110; J. Har- ’ die, 355; Hooker. 118; 1.A.C.. 85; I TCI, IM; Penfolds. 83; D. Jones.; ’101; Lend Lease. 255; Lifesavers,' j 185; M.L.C., 200; Marrickville, 49;' I Mauri, 95; Myers, 130; N.Z. For-, jest, 315; Penfolds. 83; Pioneer: : Monier. 90: Pioneer Sugar, 485;; I Sims, 142; Sleigh. 24; Oakbridge.; 157: Swan, 135; Thiess. 192; T.N.T.,' :J18; Travelodge. 28: Union Carb.. • 1231: Waltons, 72; W/wths, 85. i Mining, oil.—Bougainville. 106: B.H. Sth. 225; Carr Bovd, 10;! icons Gold. 295; C.R.A.. 200; Cud-1 I gen. 65: Emperor, 170; G.M. iKalg.. 198: Hamerslev. 130: Hill: 150. 20; Kath Inv.. 88: M.K.U.. 75;i ’.M.1.M.. 167: Nth Flinders, 16: Nth! . 8.H.. 121: Paringa, 34; Peko, 320;; • Planet Res.. 71; Poseidon. 510;; 'Qld Min.. 86: Robe R.. 54: South-1 land. 18; W.M.C.. 184: Westralian. 57: Amnol Ex.. 75; A.0.G.., 'IO: Beach. 18; Clarence. 31: Oil; Search. 29; Timor. 17; Woodside, 86. MEI.BOI'HNE Sales.—Ampol. 47; Ansett. 70: A. 100: A.C.1.. 166; A.P.M.. .111: N.S.W.. 630: Boral. 178: B. 642; Comalco, 163: Bunda- ! I berg. 520: C.U.8.Z.. 210: Coles. >118; CSR. 420; C.8.A., 268; Coni tainers. 130: Cvclone. 135; Dunlop. 69; E.Z.1., 300: F. and T.. 72; ■ Collin. 102: G. Gotch. 135; G.U.D., 1160: Herald. 185; Hooker. 118; ] Humes. 70: ICI. 145: Jennings, ; 128: Mayne Nick.. 133: McPhersons. 50; Myers. 135: Nat. Bank. ,280; Nat. Consol.. 70; News. 88; I Olvmnie. 56: Rocla, 90: Sleigh, 33: H. Smith, 410; Swan, 135; 11T.N.T.. 118. Minina, oiI.—A.A.R., 160: Aber- ; fovle 95; Basin. 3: Beach, 20; : B.H. Sth. 935; Cons Gold, 2°5: i'C.R.A.. 200: Hamerslev. 132: ;i Interstate. 67: Utah. 650: Loloma. .144; Metals Exp.. 55‘ M.T.M.. 1p 8: lion Search. 28: Renison. 500; . W.M.C., 184; West Titan, 260.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19750312.2.164

Bibliographic details

Press, Volume CXV, Issue 33790, 12 March 1975, Page 22

Word Count
523

Banking issues in demand in Aust. Press, Volume CXV, Issue 33790, 12 March 1975, Page 22

Banking issues in demand in Aust. Press, Volume CXV, Issue 33790, 12 March 1975, Page 22

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