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Gains trimmed; mixed tone on quiet market

Profit-taking took its toll of most of recent gains on Australian stock exchanges yesterday, and the market closed on a generally mixed note in slow trading. Pancontinental fell from a peak of 600 c to 580 c, and Bougainville lost 8c to 92c on the lower-profit results. Endeavour, Ocean Resources, Woodside-Burmah, Poseidon, A. A. , A.M. and S., and C.R.A. showed losses. B.H. South recovered from its lowest point of the year. Kathleen, G.M.K., and International Oil had marginal gains. Coal and Allied rose 7c to 252 c. Philip Morris was quoted higher after the rise in net profits. B.H.P. firmed 6c at 718 c, and C.S.R., the National Bank, Lend Lease, and Myers were higher. A.C.1., Ansett, Elders G.M., and Amatil were lower. MELBOURNE Safes, Industrial. — Ampol, 42: Ansett. 68; A.R.C., 78; A.C.1., 125; A.P.M.U., 101; Boral 175. B. 718; C.U.8.Z., 190: Coles, 114; C.S.R., 405; Com. Union. 32; Containers, 125; Dunlop, 71; Email, 60: E.Z.1., 212; Gerrard, 240; Gordon G., 148; Hooker, 102; Humes. 68; 1.C.1., 135; Jennings, 93; Kelvlnator, 60; McPhersons, 45; Mylex, 53- Mvers, 150; Nat. Bank, 242; Olympic, 56; Overseas, 112: Petersville, 22; Sleigh, 37; Smith How, 370; T.N.T.. 105; Uniroyal, 55 Mining, oil. — A.A.R.. 116; B.H. Sth, 152: Cent. Norse, 210; C.R.A., 205; Hamersley, 158; Utah, 804; 205; Mt Lvell. 100: Renison. 370; Santos, 76; W.M.C., 162; Scamander, 3.

SYDNEY Sales, Industrials. — Amatil, 150; Ampol Pet, 42; A.W.A., 97; Assoc Sec., 58; A.G.C., 136; 8.N.5.W., 602; 8.M.1., 70; Boral, 175; 8.H.P., 720; Bundaberg, 420; Burns P., 182; Carp. W.R., 108; C’maine, 385; Clyde, 90; Coal All, 245; C.S.R., 406; Coles, 113; Comalco, 142; C.8.C., 175; Courage, 42; C.1.G., 210; Cone. Monier, 85; EmaU, 59; E.Z.1., 215; Elders, 150; Fibre Con., 85; Hanimex, 110; Hardie, 325; Hooker, 100; 1.C.1., 133; D. Jones, 101; L.N.C., 92: Lend Lease, 242; Lifesavers, 140; M.L.C., 173; Marrlckville, 41; Mauri Bros., 93; Myers, 150; Newbold, 126; News, 100; Petersville, 22; Pioneer Cone., 75; Pioneer Sugar, 300; Pye, 135; Sims, 115;

Sleigh, 38; Soul, 490; Sth Brit., 200; Oakbridge, 66; Swan, 132; Taubmans, 70; Thiess, 245; Tooheys, 145; Tooths, 156; T.N.T., 105; Waltons, 73; Wwths, 96.

Mining, oil. — All State, 6; Beaver Exp., 3J; BVIUe, 90; B.H. Sth, 152; Carr Boyd, 8J; Com. Mln, 205; Cons Gold, 290; C.R.A., 202; Cudgen, 79; East Met, 3; Emperor, 130; G.M. Kalg., 105; Hamersley, 156; Hill 50 gold. 17: Kath. Inv., 100; M.1.M., 207; Peko W., 302; Poseidon, 200; Qld Min., 83; Robe River, 59; Southland, 11; W.M.C., 162: Westralian, 38; Woods Reef, 4J; Allodev, 7; Ampol Ex, 60; A.A.R., 117; Beach, 18; Bridge, 9J: Oil Search, 24; Timor, 9; Vamgas, 18; Woodside B, 80.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19750809.2.148.13

Bibliographic details

Press, Volume CXV, Issue 33917, 9 August 1975, Page 18

Word Count
447

Gains trimmed; mixed tone on quiet market Press, Volume CXV, Issue 33917, 9 August 1975, Page 18

Gains trimmed; mixed tone on quiet market Press, Volume CXV, Issue 33917, 9 August 1975, Page 18

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