Aust. market firms
The Australian sharemarket emerged out of the doldrums yesterday, to take news of the Poseidon receivership in its stride and stage a moderate rally. B.H.P. was back at the 700 c level with a 20c rise, and the rights gained 14c to close at 300 c. EZ Industries rose 10c to 320 c and Lend Lease 5c to 260 c. Myers, National Bank rights, and the B.N.S.W. were others to firm. CSR was slightly weaker along with Philip Morris. On the mining boards, Peko-Wallsend was raised 10c to 480 c and Hamersley 5c to 225 c. Pancontinental advanced 20c to 1050 c, while Utah, Bougainville and Ocean Resources firmed. Woodside-Bunnah closed 4c dearer at 119 c, but A.A.R. eased 5c at 95c as was Queensland Mines at 225 c. M.1.M., which has reduced its price for copper for the fifth time this month, dropped a cent to 201 c. SYDNEY SALES Industrial.—Ampol, 64; Ansett, 120; Assoc. Sec., 40; A.N.Z., 345; A.G.C., 160; A.N.1.. 105: N.S.W., 482; 8.M.1.. 79; Boral, 195; Brambles, 160; 8.H.P., 698; Bundaberg, 380: Bums P., 237: C’maine, 393: Clyde. 112; Coal All.. 200; CSR, 428; Coles, 134; Comalco, 215;
C.8.C., 182; Cone. Mon., 152; Email, 60; E.Z.1., 315; Fairfax, 148; Acmil, 60; Hardie, 590; Hooker, 106; ICL 163; D. Jones, 95; L.N.C., 192; Lend Lease, 260; Marrickville, 55; Mauri Bros, 62; Myers, 210; N.Z. Forest, 212; News, 210; Oakbridge, 98; Olims, 40; Paynter, 95; Pet. Chem., 40; Petersville, 28; Pioneer Cone., 109; Protector, 71; Sims Con., 150; Sleigh, 57; Soul, 514; Swan, 126; Taubmans. 95; Thiess, 195; Tooheys, 112; Tooth, 175; T.N.T., 165; Waltons, 80. Mining, oil.—Bougainville, 106; 8.H.5., 145; Carr Boyd, 8; Abminco, 30; C.R.A.. 258; Cudgen, 34; Emperor, 36; Kath. Inv„ 140; M.K.U., 59; M.1.M., 200; Peko-W., ' 480; Placer, 600; Qld Min.. 225; Robe River. 95; Southland, 35; W.M.C., 156; Westralian, 24; Woodsreef, 13; Longreach. 20; Oil Search, 12; Timor, 5; Wood-slde-B, 119.
MELBOURNE SALES Industrial.—Ampol, 64; Ansett, 121; A.R.C., 98; A.C.1., 140; A.Km„ 135; N.S.W., 485; Boral, 195: 8.H.P., 700; Comalco, 215; C.U.8.Z.. 190; C’maine, 390; Coles. 135; CSR, 428; C.8.A., 240; Containers, 135; Email, 58; E.Z.1., 320: Acmil, 60; Gerrard, 280; G.U.D., 175; Herald. 200; Humes, 76; ICI. 163; Jennings, 140; H. Jones, 57; Kauri, 35; Nylex, 40; P. Morris, 850; Myers, 210; Nat Bank, 232; News, 210; Olympic, 47; Overseas, 150; Petersville, 29; Repco, 128; Sleigh, 58; Swan. 128; T.N.T., 165; Uniroyal, 130; Wehl, 165. Mining, oiI.—A.A.R., 95; Aberfoyle, 80; Aust. Dev., 24; Beach, 14; Cons. Gold. 240; C.R.A., 255: Hamersley. 225; Utah, 390: M.1.M.. 201; Mt Lyell. 42: Renison, 690; South Pac., 17; W.M.C., 156.
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Press, 20 October 1976, Page 22
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437Aust. market firms Press, 20 October 1976, Page 22
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