Banks higher again
A report by the Commonwealth Bank set off another prices surge among the bank stocks in Australia yesterday. The Commonwealth Bank, the first to report, under the new disclosure arrangements, revealed reserve funds of $435.6M, and a 31 per cent rise in profit to 5101.4 M for the year to June 30. , The Bank of N.S.W. gained another 38c to 820 c, the ANZ rose 20c to 408 c, the National gained 14c to 302 c, and the CBA 8c to 288 c.
Industrial.—A.C.l., 182; Acmil. 78; Advertiser. 215; A.G.C., 178; Amatil, 220; Ampol Pet., 88; Ansett, 165; A.P.M., 118; A.N.1., 176: A.N.Z.. 408; A.R.C., 100; A.S.C. Props, 137; Assoc. Pulp,
170; Assoc. Sec., 53; Aust. Fert_ 145; Bank N.S.W., 820; 834; B.M.L. 125; Boral, 260; Borg W., 245; Brambles, 210; Bundaberg, 355; Burns P„ 253; W. R. Carp., 139; Carrier, 91; CYnaine P., 355; Clyde, 170; C.8.A.. 288; ci.c., 208; C.1.G., 255; Coal AU., 470; Coles, 235; Comalco, 295; Com. Union, 69; Cone. Monier, 178; Containers, 285; Courtaulds, 63; C.S.R., 370; C.U.8., 180; Dickson P.. 115; Dunlop, 150: Elders, 260; Email, 128; E.MJ., 122; E.Z.1., 310; Fairfax, 160; Fibre Con., 120; Gerrard, 315; Hanimex, 101; J. Hardie. 425; Herald, 268; Hooker, 83; Humes, 105; 1.C.1., 233; Jennings, 113; D. Jones. Ill; H. Jones, 102; Kelvlnator, 79; Lend Lease, 293; Lifesavers, 210; L.N.C., 160; MarrickviUe, 84; Mauri Bros, 94; Mayne Nick, 195; McPhersons, 69; M.L.C., 345; P. Morris, 654; Myers. 141; N.Z. Forest, 186; Nat. Bank, 302; Nat. Cons.. 143; News, 260; Nylex, 52; Oakbridge, 185; Olims, 18; Olympic, 66; Overseas, 135;
Petersville, 123; Pioneer Cone., 193; Pioneer Sugar. 128; Protector, 187; Q.B.E. Ins.. 235; Repco, 132; Rocla, 88; Sims, 108; Sleigh, 71; H. Smith, 425; Soul, 540; Sth Brit., 290; Swan Brew., 165; Thiess, 332; T.N.T., 124; Tooheys, 138; Tooths, 195; Waltons. 80; WehL 154; Wwths, 170. Mining.—Aberfoyle. 208; Aust. Dev., 65; B.H. Sth, 150; Bougainville, 148; Com. Min.. 125; Cons. Gold, 405; Cons. Rutile, 140; C.R.A., 368; Cudgen, 65; Emperor, 355; G.M. Kalg., 68; Hamersley, 235; HUI 50 Gold, 19; Metals Ex.. 44; M.1.M., 238; Mt Lyell, 37; Pancont, 1430: Paringa, 47; Peko, 640; Placer Dev., 840; Project Min., 80; Renison, 1140; Robe River, 102; Santos, 165; Southland. 40; South Pac., 255; Utah, 435; Woodsreef. 4. Olis.—A.O.D., 21; A.0.G., 70; Ampol Ex.. 140; Beach. 67; Bridge, 125; Longreach, 40; OU Search, 13; Pexa, 93; Timor, 9; Vamgas, 75; Woodside, 82.
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Press, 21 September 1978, Page 18
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405Banks higher again Press, 21 September 1978, Page 18
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