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Uraniums, banks give market a lift

Gains by uranium stocks and selected bank stocks high-lighted a day of generally firm trading in Australia yesterday.

Queensland mines rose 25c to 360 c, and Kathleen Investments, gained 20c to 310 c on reports that the companies are ready to announce financing arrangements for Nabarlek, and speculation that, because it is less complex than the Ranger project, has a better chance of winning earlier approval. Industrials.—A.C.l., ISO; Acmil, 70; Advertiser, 202; A.G.C., 156; Amatil, 210; Ampol Pet, 87; Ansett, 160; A.P.M., 120; A.N.1.. 155; A.N.Z., 135; A.S.C. props, 125; Assoc. Pulp, 135; Assoc. Sec.. 47; Aust. Pert., 138; Bank N.S.W., 666; 8.H.P.. 806; B.MX, 126; Bora!, 250; Brambles, 186; Bundaberg. 365; Burns P., 240 W. R. Carp., 140; Cmaine P.. 345; Clyde. 170; C.8.A., 251; C.8.C., 194; C.1.G., 255; Coal AH.,460; Coles, 216; Comalco, 3to; Com.

Union. 60; Cone. Monier, 180; Containers, 250; Courtaulds. 65; CSR. 328; C.U.8.. 182; Dunlop, 143; Elders, 240; Email, 118; E.Z. Ind., 305: Fairfax, 160; Gerrard, 300; G.U.D., 160; Hanimex, 98; J. Hardie, 405; Hardie Trade, 150 Herald, 250; Hooker. 81; Humes. 100; ICI. 221; Jennings, 115; D. Jones, 111; H. Jones. 95; Kauri, 20; Kelvinator, 83; Lend Lease, $300; Lifesavers, 212; L.N.C., 159; MarrickviUe, 78; Mauri Bros, 81; Mayne Nick, 180; McPhersons. 63; M.L.C.. 325; P. Morris. 696; Myers, 161; Nat. Bank, 263; Nat. Cons.. 151; News, 210; Nylex, 19; Oakbridge, 195; Olympic. 62; Overseas, 138; Petersville, 108; Pion. Concrete. 163; Pion. Sugar, 122; Protector, 185; Q.B.E. Ins., 225; Repco, 123; Rocla, 90; Rothmans, 270; Sims, 119; Sleigh. 78; H. Smith. 422; Sth Brit.. 282; Swan Brew, 165; Taubmans, 103; Thiess, 315; T.N.T. 126; Toohey, 148; Tooths. 193; Woolworths, 162.

Mining.—Aberfoyle, 178; Aust. Dev., 63; B.H. South, 126; Bougainville 153; Cent. Norse, 1010; Com. Min.. 250; Cons. Gold. 360; C.R.A.. 328: Cudgen, 52; Emperor, 45; G.M. Kalg.. 58; Hamersley, 242; Hill 50 Gold 15; Kath. Inv., 310; Magellan, 100: Metals Ex.. 39; Mid East, 60; M.1.M.. 238; M.K.U., 45; Mt Lyell, 38; Pancont.. 1520; Parihga, 46; Peko, 610; Project Min., 80; Renison. 1050; Robe River, 98: Santos, 170; Southland, 33; South Pac., 230; Utah, 435; W.M.C., 162: Woodsreef, 3J; Nth 8.H., 142; Qld Mines, 360. Oils.—A.A.R., 200; A.0.D., 20; A.0.G., 56; Ampol Ex., 150; Beach. 66; Bridge, 112; Longreach. 4J; Oil Search, 15; Pexa, 95; Timor, 7 Vamgas, 67; Woodside. 81.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19780826.2.107

Bibliographic details

Press, 26 August 1978, Page 16

Word Count
394

Uraniums, banks give market a lift Press, 26 August 1978, Page 16

Uraniums, banks give market a lift Press, 26 August 1978, Page 16

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