Miners higher
Mining stocks led the rises! I in trading on Australian i stock exchanges yesterday,; but weakened towards the end of the session. I The Sydney All Ordinaries index ended at yet another all-time high of 657.81 points after gaining 4.18. CSR provided one of the day’s highlights, rising 15c / Ito 462 c in sentiment surrounding its molybdenum find, announced earlier in the ; week. The main impact was provided by sharp rises in gold prices overnight. Centra! Norseman rose 30c to 780 c 1 and GMK 12c to 230 c. An overseas order of 2M Peko Wallsend shares caused ia flurry of activity with the' I share price rising rapidly to; 700 c in the opening minutes / I of trading. BH South, the subject of ; a cash and share swap take-i ; over bid bv CRA was steady I at 320 c, after sinking to an! early low of 310 c. Kathleen Investments; traded steady' at 600 c. ft (appeared that Pioneer Con-1 Crete was still in the market: fov Kathleen shares. Bougainville Conner was un 3c. but MIM lost 4e to ' 448 c after reaching a high i of 460. B.H.P. lost 2c to 990 c. Banking stocks nut on a few' cents »«ch. ACT 216: Ac*,*’. .28: -Advertise’-. 174; AGC. 141: 2"1; 'mpo!. ten- Aa c «tt. ' IB; APM. 152; ANT, 2M; ANZJ
; 408; ARC. 121; ASC Props, 117; Assoc i-uip, 2o0; j\ust tert, I.U; x>>A, iUu; Bant Nort, Siu; BMP, 990: B-ut, 126; Borax, 268; Bucgt>, 2ou; Brambles, 20o; Bunaaberg, 530; Burns P, 245; Chip • (». R.l, 174; C'mame I', 36u; Clyde. 202: CBA, 2.5; CBC, 264; ■CiG, 2Ju: Coal All, 730; Coles, 2vo: Comalco, 39u; Com Union, 67; Cone .Monier, 165;'Containers, 270; courage, 51; Courtaulds, 51; CsK. 402; ULB, 187; Dunlop, 95; Elders, 207; Email, 115; EMx, 82; EZ., 530; Fairfax. 132; Fibre icon. 92; GUD, 240; Hanxmex, i3a; •1. Haidle, 354; Herald, 255; Hooker, 88: Humes, ISO: ICI, 236;, :Jennings, 83; D. Jones. 125; H. Junes. i 35; Kelvinator, 162; Lend Lease-, 272: Lifesaters, 24V, LXc, >212; P. Atoms, 62ti; -Myers. 158; XZ Torcst. 230; Xat Bans, 267; Nat Cons. 135: News, 345; Nylex, 82; Oakbridge, 210:’ Olims, 42; : Olympics, iU; Overseas, 114; Petersville. 132; Pioneer Cone,; 172; Pioneer Sugar, 204; Protector. 220: QBE, 173; llepco, 127; Rocla, 93; Kotiunans, 30u; sleigh. ' 85; H. Smith, 590; sour, 61tt; Sth Brit, 265; Swan Brew, 146; Taub-. ; mans, 100; Thiess, 490; TNT, 185; > Tooheys. 165; Tooths, 132; Union I Carb. 250; Waltons. 68; Wwtha, 147. I Mining.—Aberfoyle, 305; Aust Dev, 70; Allstate. 48; Ashton, 140; Assoc Min, 220; BH Sth, 320; Bougainville, 251; Cons Gold, 480; Cent Norse, 770: CRA, 390; Carr Boyd, 40; Cons Rutile, 255; ' Cudgen. TOO: Emperor, 93; Gold Mines Kalg, 230; Hamersley. 334; I Hill 30 Gold. 38; Kath Int. 600; ' Mideast. 37; Metals Ex. 87; MIM, '445; MKU. 110: Mt Lvell, 123; Nth BH, 251; Nth Flinders. 46; Pancont. 1440: Placer, 2850; Peko, .700; Project Mining, 28: Paringa,. 72; ‘Poseidon. 131: Qld Mines,' 500; Renison, 1430; Robe River.' 112: SoutiUand, 29; Tasmiuex, 6a;i Utah. 403: Westralian. 23; Wodsreef. 41: WMC, S4O. OH—Amoolex, 205: ADD. 33; WG *8: Beach. 80: Brides. 245: K’-te*en, 202; Lon ereach, 5; 'X-llan. 253; on Search 2«:' S- -- Paclgo. 590: S=ntos. 495; ■*l~ter. '1; Vamgas, 210; Wood(side, 140.
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Press, 29 September 1979, Page 18
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549Miners higher Press, 29 September 1979, Page 18
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