Selective gains
A dull Australian market was only highlighted yesterday by the performances of Westfield, David Jones, and B.H.P. B.H.P. rose 16c to 866 c. but brokers could give no reason for the improvement. David Jones edged ahead 2c to 122 c prompted by vague take-over rumours. Westfield also continued to improve, gaining 12c to 846 c on the belief that its true value should be around 900 c. according to brokers. Banking issues made small gains, retailers were mainly down, and property developers and brewers were mixed. Wormaid shed another 3c to 295 c. Gains were made by Utah, Mt Isa, BH South, and Rentson in the mixed mining section.
Industrial.— ACl, 183; Aemil, 72; Advertiser. 206; AGC. 164: Amatil. 206: Ampol, 76; Ansett, 138; APM, 11.2; ANL 165; ANZ. 392: ARC. 95: ASC Props, 125: Assoc Pulp, 177; Assoc Sec, 45; Aust Fert, 150; Bank NSW. 656: BHP, 866: BML 95: Boral. 228: Bundaberg, .330; Burns P. 258; Carp iffß), 132, C'maine P, 340; Clyde,
142; CBA, 238; CBC. 178; CIG, 230;; Coles, 218; Comalco, 265; Com Union, 65; Cone Monier, 163; Containers, 252; Courtaulds. 69;’ CSR, 333; CUB, 167; Dunlop, 88; Elders, 240; Email. 106: EMI, 112; EZI. 294; Fairfax, 153; Gen Trust, 160; Hanimex, 100; Ind Equity, 215; J Hardie,- 360; Hardie Trade, 160; Herald. 248; Hooker, 80; Humes, 06; Jennings, 91; D. Jones, 122; (I. Jones, 105: Lend Lease, 265; Mauri Bros, 82; P. Morris, 610; Mvers 168; NZ Forest. 184; Nat 8ank,"248; Nylex, 51; Oakbridge, 160; Olims, 20; Olympics. 68; Petersville, 118; Pioneer Cone, 154; Pioneer Sugar. 118; Repco, 136; Rocla, 85; Rothmans, 276; Soul. 530; Sth Brit, 265; Swan Brew 155; Taubmans, 100; Thiess, 245; TNT. 129; Tooheys. 131; Tooths, 176; Union Carb, 180; Waltons, 72; Wwths, 152. Mining.—Aberfoyle, 155; Aust Dev 50; BH Sth, 135; Bougainville, 152; Carr Boyd. 41; Cent Norse, 1120; Com Min. 220; Cons Gold 355; Cons Rutile, 130; CRA, 340; ' Cudgen, 55; Emperor, 35: GM Kalg. 67; Hamersley, 212; Hill 50 Gold. 17; Laverton. 270; Magellan. 70: Mid East, 49: MIM. 240: MKU, 34; Mt Lyell, 43; Nth BH, 128; Nth Flinders. 16; Pan Cont, 930: Peko. 540: Placer Dev, 750; ißenison, 960: Robe River, 85: Santos. 215: Southland. 25: South Pae. 205; Utah, 395; WMC. 156: Woodsreef. 2A. ! OiI.—AAR. 190; AOD, 1(: AOG,j 70; Amnol Ex. 130; Beach- 69: Bridge. 131: Oil Search, 91; Pexa, 30: Timor, 7J; Vamgas, 7o; WoodIside 66.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19781207.2.197
Bibliographic details
Press, 7 December 1978, Page 26
Word Count
405Selective gains Press, 7 December 1978, Page 26
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in