Australian markets close on firmer note

Press, Volume CXV, Issue 33815, 11 April 1975, Page 12

Australian markets close on firmer note

Some sections of Australian markets improved yesterday, but trading was quiet over a narrow range. Falls outnumbered rises, but losses were less substantial than in Wednesday's shake-out, and most leading industrials closed on a firm note.

B.H.P. led the recovery with a 6c improvement to 580 c, and C.S.R. rose strongly from an opening 395 c to close 3c ahead on the day, at 408 c.

Other leaders to improve included Bank of N.S.W., up 4c to 564 c, Thiess. 10c to : 195 c, and the C.8.C., 5c to 170 c.

However, small losses j were posted by Hooker, Lend ■ Lease, C.U.8., Tooheys and I Myer. j Elsewhere. Bundaberg i Sugar eased 5c to 440 c in ■ reaction to its revised offer j for Millaquin, the latter clos- ] ing steady at 380 c. In the mining section small i improvements were recorded ; by Bougainville, C.R.A., and ’ M.I.M. Uraniums, however, moved against the general trend. Peko fell 10c to 250 c while Kathleen eased 4c to 100 c. In golds, G.M.K. fell 8c to , 180 c, but Emperor improved 1 5c to 160 c. I Woodside-Burmah highlighted a firmer oil section; i with a 4c rise to 70c. MELBOURNE Sales.—Ampol, 40; Ansett. 67; Assoc. Pulp. 85; A.C.1., 150: A.P.M., 98; N.S.W., 560; Boraf, 166; 8.H.P.. 580: Bundaberg, 440: C.U.8.Z.. 183; Coles, 105; C.S.R., 410; Cyclone, 140; Dunlop, 65; E.Z.1., 260; F. and T., 68; Gordon, 135; Herald, 175; Hooker. 112; Humes, 67; 140; Jennings, 110; Kauri, 40; Mayne Nick., 128; Mcllwralth, 74; Myers, 126; Nat. Bank. 238; Nat. Consol., 72; News, 65; Olympic, 60; Petersville, 21; Repco, 100; Sleigh, 36; H. Smith, 385; Swan, 120; T.N.T.. 95; Weld, 88. Mining, oiI.—A.A.R., 158; Aust. Dev.. 43; B.H. Sth. 195; Cons Gold. 280; C.R.A., 175; Gt Boulder, 38; Hamersley, 125; Interstate, 51; Utah, 710; Metals Ex., 42; Mt Lyall, 110: Oil Search, 32: Renison, 460; South Pac., 19; W.M.C., 164; West Titan, 270. SYDNEY Sales.—Amatil, 140; Ampol, 40; lA.W.A., 94; Assoc. Sec.. 47; I I A.N.Z., 490; A.G. Corp., 148; A.N.1., 85: N.S.W., 564; 8.M.1., i 83; Brambles. 114; 8.H.P., 580: Bundaberg, 440; Burns P., 187; I Carp, 108: Clyde. 90; Coal. 185; IC.S.R.. 408: C.A.G.A., 170: Coles, 1105; Comalco, 130; C.8.C., 170; ICourtaulds, 25; Email, 64; E.Z.1., 260: Elders, 180; Fairfax. 85; F. ; and T., 70; J. Hardie. 335; Hooker, 110: 1.A.C., 83; 1.C.1.. 140; D I Jones, 90; L.N.C.. 85; Lend Lease, 215; Lifesavers. 165; M.L.C., 200; i Mauri. 90; Myers, 125: News, 68; I Penfolds, 80; Petersville, 21; Pio- • near M., 84; Pioneer S„ 465; Pye, I 155; Rothmans, 1B0; Sims, 110,

Sleigh, 36; Sth Brit., 215; Oakbridge, 63; Swan, 120; Taubmans, 73; Thiess, 195; Tooheys, 120; Tooths, 170; T.N.T., 96; Travelodge, 24: Union Carb., 195: Waltons, 64; W/wths, 82.

Mining, oil.—Allo. Dev., 61; Ampolex, 57; A.A.R.. 155; A.0.C., 10; Beach. 18; Bridge, 9; 011 Search. 32; Pexa, 2; Timor, 10; Woodside, 70; Assoc. Min., 260; Beaver. 3; Bougainville, 99; B.H. Sth. 195; Carr Boyd, 8; Patrick, 2J; Com. Mln., 200; Cons Gold, 280: Cons Rutl, 200; C.R.A., 173; Cudgen. 72; Emperor, 160: G.M. Kalg., 180: Hamersley. 125; Hill 50 Gold, 17; Kambalda, 1: Kath Inv., 100; Laverton, 1J; M.1.M., 171; Paringa, 29; Peko, 260; Planet. 6; Poseidon, 450; Qld Min., 172: Robe Rv., 44: Southland, 15; W.M.C., 164; WestraUan, 51; Woods reef, 3.