Strong trend continues on Aust. market
Australian stock exchanges closed on a firmer note in moderately active trading for the second consecutive session yesterday.
Buyers appeared in greater numbers as the session wore on, and despite sporadic profit-taking, the trend remained strong. B.H.P. rose 10c to 714 c, and the Wales showed a parallel gain at 674 c. Other banks, financiers, retailers, and brewers also sought higher levels on sustained buying support. Philip Morris broke through the 1000 c mark again with a 40c gain to 1030 c. 8.M.1., Mercantile Mutual, ICI, Comalco, and Jennings were a little easier. Among the miners, C.R.A., Pancontinental, Ampol Exploration, and WoodsideBurmah were a little weaker, but Bougainville recaptured the 100 c mark and M.I.M. advanced 7c to 222 c. B.H.
.Nick, 178; Mcllwraith, 121; MejPhersons, 57; Nylex, 70; P. j Morris, 30: Myers, 225; Nat. Bank, Nat. Cons., 110; Olympic, 69; ■Overseas. 155: Petersville, 28; Repco, 132; Sleigh, 52; Smith How., 400; Swan, 170; T.N.T., 157. Mining, oiI.—A.A.R., 135; Aust. Dev., 35; Beach, 34; B.H. South, 180; Cons. Gold, 240; C.R.A., 255; Gt Boulder, 74; Hamersley. 198: Utah. 960; Metals Ex., 40; M.1.M., 222; Mt Lyell, 95; Oil Search, 32; Rcnison, 385: Santos, 140; South Pac., 33; W.M.C., 152.
South. North 8.H., Kathleen, W.M.C.. International Oil, and Ocean Resources also firmed. SYDNEY Sales, industrial.— Amatil, 188; Ampol, 72; Ansett, 92; A.W.A.-, 120: Assoc. Sec., 61; A.G.C.. 205; 8.N.5.W., 674; 8.M.1., 120; Boral. 242: Borg. W., 143; Brambles, 180; B. 176: Bundaberg, 465; Burns P.. 230: Burns P. (S.S.k 255: W. R. Carp.. 160; C’maine. 390; Clyde, 134: Coal AIL. 242: C. 422; Coles, 143; Comalco, 150; C.8.C.. 215: Cone. Monier. 125: Courtaids, 33: Dickson, 70: E.M.1.. 270: Email. 65; E.Z.1., 315: Elders, 215: Fairfax, 125; F. and T.. 74: Hanimex. 130; Hardie. 470: i Hooker. 150; 1.C.1.. 173: D. -Jones, t’ll6: L.N.C., 150: Lifesavers, 155; tMarrickville. 70- Mauri Bros. 101: [N.Z. Forest. 250: News. 175: Olims. 40’ Penfolds. 92; Pet. jChem.. 36: Petersville. 28: Pioneer Cone., 128: Pioneer Sugar. 365: Protector. 115: Pye. HfiO: Sims Cons., 134; Sleigh, 52: j Soul. 550: Swan, 170; Taubmans i 96: Thiess. 245: Too he vs, 182: Tenth. 194: T.N.T.. 156: Waltons. 125. Mining, oil.—Beaver, 5: B’ville. 100: B.H. Sth. 180: Carr Bovd. 11; Com. Min.. 225; Cons. Gold, 245: C.R.A.. 260: Oakbridee, 75; Emperor. 76; G.M.K., 75; Hamersley, 200: Hill 50 Gold, 15; Kath. Inv., 155: Laverton. 1; M.K.U., 90: M.1.M.. 220; Paringa, 16; Peko-W.. 440; Planet Res.. 6: Poseidon. 185: Qld Min., 230; Robe River, 90; W.M.C., 150: Westralian. 36: Woodsreef, 7; Allodev, 15; Ampol. Ex., 115: A.A.R., 135; A.0.G.. 17; Beach. 33; Bridge. 16; Oil Search, 32; Pexa, 3J; Timor. 8; Woodside-8., 152. MELBOURNE Sales, industrial.—Ampol. 70: Ansett. 92; A.R.C., 95: Aust. Fert.. 115; Assoc. Pulp. 95; A.C.1., 152: A.P.M.. 147; N.S.W.. 674: Boral. 240: 8.H.P.. 714: Comalco, 148: , Bundaberg. 465: C.U.8.Z.. 248: I Coles. 143: C.S.R.. 425: C.8.A.. 290: Containers, 195: Dunlop, 114; Email. 65: E.Z.1.. 310; F. and T. s 74; Flexdrive. 118: Gerrard, 280; J Gollin. 18: Gordon Gotch, 170: ; Herald. 220 : Hooker. 150: 1.C.1., 175; Jennings, 140: H. Jones, 90; Kauri, 45; Kelvinator, 85; Mayne
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Press, Volume CXVI, Issue 34044, 7 January 1976, Page 13
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525Strong trend continues on Aust. market Press, Volume CXVI, Issue 34044, 7 January 1976, Page 13
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