Buyers rush Hooker
Buyers rushed Hooker Cor-t iporation, raising its shares :14c to 69c in an otherwise [weaker market for mining and industrial shares on Australian exchanges yesterday. Brokers reported the ‘little man’ was back in the market for Hooker after strong denials from the company about financial problems for the; property developer. Elsewhere the further re-( valuation of the Australian) dollar depressed miners and! combined with a bearish sur-i vey from the Chamber of) Manufacturers to weigh on: sentiment. B.H.P. slumped sharply fal-i ling 26c to 728 c. 1.A.C., re-i ported to have loaned SBO.OM to Hooker, held steady at 70c. Lend Lease eased 6c to 224 c in afternoon trading. Retailers were weaker on the shopping hours dispute in Sydney, but brewers firmed
■tin line with seasonal trends, s Banks were mixed with the : Wales falling and the Nat- ; ional putting on a few cents. . SYDNEY SALES Industrial.—Amatll. 153: Ampul, 65; Ansett, 108; A.W. A., 123; Assoc. Sec., 40; A.N.Z.. 345; A.G.C., 138; A.N.1.. 116; N.S.W.; 516; 80: Borg-W., 140;' )Brambles, 140; B.H.P. 728: Bun-) ( daberg, 340; Burns P., 204: Clvde, I .102; Coal Alt., 160; CSR, 365; ! C.A.G.A., 165: Coles 130; Com|alco, 223; C.8.C., 185;'Conc. Mon., 135; Courtaulds, 30; Email, 54; iE.Z.I.. 280; Elders. 180; Fairfax, j 130; Fiji, 100; Acmil, 56: Hardie, | 1530; Hooker, 69: 1.A.C., 70; ICI, 1 .170; D. Jones 90: L.N.C., 169; Lend Lease, 223; Lifesavers, 100; | Marrickville. 50; Mauri Bros., 52; ■ Myers, 198; Oakbridge, 100; [Olinis, 40; Paynter. 98: Pet. Chem.. 41; Petersville, 73: Pioi neer Cone.. Ill; Pioneer Sugar, 165; Pye, 120; Rothmans, 170; Sims Con.. 112; Sleigh. 55; Soul, 435; Sth. Brit., 220; Swan. 130; Thiess, 210; Toohevs. 101; Tooth, 160; T.N.T., 158; Waltons. 69. Mining, oil.— B’ville, 428; B.H. Sth.. 115: Com. Min.. 243; Cons. Gold. J 50; Cons. Rutile, 70; C.R.A., 308; Cudgen, 30; G.M.K.,
[26; Hamersley. 282; Kath. Inv, 110; M.K.U., 60; 238; Peko-W.. 415; Qld Min., 145; Robe River. 120; Tasminex, 19: Southland. 30; W.M.C.. .156; Westralian, 23; Woodsreef, 15; Allodev, 70Ampol Ex., 106; A.A.R.. 95; Bridge. 29: Oil Search, 8; Pexa, 30; Woodside-8., 112. MELBOURNE SALES Industrial.—A.N.l., 116: Ampol, 65; Ansett. 109; A.R.C., 88; Aust. Fert.. 95: Assoc. Pulp, 75; A.C.1., 148: A.P.M.. 123; N.S.W., 514; BoraJ. 172: 8.H.P., 724; Comalco, 225; Bundaberg. 345: C.U.8.Z., 165; Coles 130; CSR, 362; C.8.A., 257: Containers. 145; Dunlop, 95; E.Z.1., 230; Acmil, 56; Gerrard. 255; Gordon G., 120; Hardie Trade. 110; Herald. 192; Hooker, 69; Humes, 72; ICI. 170; Jennings. 115: H. Jones. 55: Mcllwraith, 98; McPhersons. 46: Nylex 33; Myers, 196; Nat. Bank. 274; Nat Cons., 120: Olympic. 43; Petersville, 72; Repco, 127; Rocla. 70: Sleigh 55; Smith How., 340; Swan, 130; T.N.T.. 158; Wehl, 170. Mining, oiI.—A.A.R.. 95: Beach, 10; B.H. Sth, 115; Cent. Nor.se., 240: Cons. Gold, 150; C.R.A., 305; Hamersley. 282; Utah. 480: Magellan 45; Metals Ex., 35; M.1.M., 240; Mt. Lyell. 32; Oil Search, 8A: Renison, 740; Santos. 130; W.M.C.. 158.
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Press, 21 December 1976, Page 22
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488Buyers rush Hooker Press, 21 December 1976, Page 22
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