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Australian markets weaken

Australian sharemarkets were easier yesterday as profit-taking pared most of the gains in the previous days.

I BHP at 730 c was down 6c. David Jones was raised 5c ;to 130 c on better results and the issue news but Woolworths lost three cents to 136 c. Amatil, Elders GM, Myers, [the Wales, Philip Morris, and Pye were down. Among the miners PekoWallsend rose 20c to 520 c, and Utah 14c to 950 c after UDC’s sharp quarterly-profit rise. Pancontinental fell 180 c to 1100 c and Qld Mines 10c to 210 c. Bougainville, CRA. Robe River, Ocean Resources, AAR and Woodside Burmah also eased. Cons Gold was cut hack 17c more at 225 c. MELBOURNE Sales Industrial.—Ampol, 61: Ansett. 110; ARC., 110; Aust. Fert . 112; Assoe. Pulp, 95; A.C.I . 140; A.P.M.. 137; N.S.W., 066: Boral. 238; 8.H.P., 728; Comalco, 174; Bundaberg. 465; CI; B Z 250: Coles, 147; C.S.R.. 395; C.8.A.. 290: Containers, 215; Dunlop. 118; Email, 72; K.Z.1., 355: F and T. 87; Flexdrive. 130; Gerrard. 300: Gollln 17; Gordon G.. 168; G.U.D. Hidgs. 190; Hardie Trade. 125; Herald. 224: Hooker, 146: Humes. 112; ICI Aust... 185; ■Jennings. 155; H. Jones. 85; Mayne Nick.. 180; J. Mcllwraith, 125; McPhersons 61: Nylex, 65: P Morris. 880; Mvers 230: Nat. Bank. 298; Nat. Cons.. 112: News, 200; Olvmpic. 72: Overseas, 165;

Petersville. 33; Repco, 138; Rocla. 139; Sleigh, 50; H. Smith, 380; Swan, 165; T.N.T., 150. Mining, oil. —Beach, 24; B.H. Sth, 170; Cent. Nrse. 110; C.R.A., 260; Hamersley, 171; Interstate, 51; Utah 960; Metals Ex., 43; 222; Mt Lyell, 85; Oil Search. 23; Southland. 36; South Pae.; 26; W.M.C.. 154. SYDNEY Safes, industrial.— Amatil. 208: Ampol Pet.. 63; Ansett. 110; Assoc. Sec.. 58; A.N.Z., 640; A.G.C., 191: A.N.1.. 118; N.S.W., 666; B. 124; Bora!. 238; Borg W., 185: Brambles. 187; 8.H.P., 730: Bundaberg. 465: Burns P.. 250; W. R Carp.. 160; Clyde. 138; Coal AU., 210; CSR, 394. and rts, 278; Coles, 147: Courage, 58: C. 305;: Cone. Mon., 130: Email. 72; E.Z.1., 355; Elders. 223; J. Fairfax. 145; F and T. 87; Hardie. 520; Hooker. 146; 1.A.C..

115; ICI Aust, 185; D. Jones. 130; L.N.C.. 175; Lend Lease, 305; M.L.C.. 275; Marrickville. 73; Myers. 230; News, 200: Penfolds, 11; Pet. Chem., 32; PetersvUle. 33; Pioneer Mon., 129; Pioneer Sugar. 365; Protector, 116; Pye, 190; Rothmans, 240; Sims 152: Sleigh 50; Swan Brew.. 165; Taubmans, 97; Thiess, 205; Tooheys, 165; Tooths. 192; T.N.T. 149; U.E.8.. 85; Waltons. 130. Mining, oil.—Assoc. Min., 305; Beaver Exp., 4; Bougainville, 121; B. Sth. 175; Carr Boyd, SJ; 'Cons. Gold, 225; Cons. Rutl. 85; C. 265; Cudgen, 50: G.M. Kalg., 50; Hamersley. 172; Hill 50

Gold, 65; Kath. Inv., 140; M.1.M., 222; Paringa, 23; Peko, 520; Planet Res., 5: Placer. 640; Poseidon, 150; Qld Min.. 210; Robe Riv., 92: Tasmlnex. 8: Southland. 36: W.M.C., 155; Westralian. 40: Woodsreef, 9; Allodev., 10; Ampol Ex.. 88; A.A. Res., 106: Oil Search 25; Pexa 35; Woodside, 108.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19760228.2.147.13

Bibliographic details

Press, Volume CXVI, Issue 34089, 28 February 1976, Page 18

Word Count
493

Australian markets weaken Press, Volume CXVI, Issue 34089, 28 February 1976, Page 18

Australian markets weaken Press, Volume CXVI, Issue 34089, 28 February 1976, Page 18

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