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Gold shares higher

Record bullion prices on international markets caused a scramble for scrip in major gold producers on Australian sharemarkets yesterday. Central Norseman rose 100 c to a record high of 950 c, G.M.K. was up 20c to 322 c, and Emperor Gold gained 12c to 110 c. Some profit making was evident at the higher levels. Oils were again keenly sought, with Ampol Exploration up 5c to 215 c, and B.H.P. jumping 11c to 1005 c. Woodside Petroleum shed 2c to 188 c, but Bridge and A.O.G. gained sc. The battle for control of Ansett Transport was relegated to the backseat with the News, Ltd, brokers quietly standing in the market. uncontested, offering 225 c. The News, Ltd, order for 4M Ansett shares appeared to be about half filled. Base metal stocks received

a boost from the higher gold prices, with rises bv Bougainville Copper, MIM, and Western Mining. Sugars were bullish, and Bundaberg Sugar rose 30c to 660 c and Pioneer Sugar 20c ■ to 255 c. The banks were firm. SALES Industrial.—Amatil, 217: ACI, 220: Aust Fert, 195; AGC, 143; Acmil, 93; Ampol, 133; ANI, 180: ANZ, 330; APM, 140; Assoc Pulp, 230; Assoc Props. 110: Ansett, I 225; Advertiser, 182; AWA, 240: Bundaberg, 660: BHP. 1010; ■'Brambles. 190: BMI, 110; Bank | NSW, 278; Boral, 208; Bums P, 250; Carrier, 130: Carp (W.R.), 168; CBA. 249; CBC. 242; CIG, 260; Clyde, 200; Comaico, 365; ■ C’maine P, 300; Coal All, 790; Coles (.GJi. 195: CSR. 442; Courtaulds, 65; Containers. 260: Com Union, 70: CUB. 185: Dunlop. 81; Elders. 208; EMI, 100; Email, 105; EZI, 450; Fairfax. 140; Fibre Con, 93; Flexdrive. 162: Gen Trust, ■ 156; GUD, 180: Hardie Trade, 335; Hooker. 84: Humes, 128; Herald, 375; ICt. 230; Ind Equitv.: i 280; Jennings, 85; Jones (D.), 156; i

Kauri, 25; Lend Lease, 272; L.NC,I 200; Lilesavers, 243; Mayne Nick', i'J3; McPhersons, lob; Mauri Bros, 86; Myer, 147; .Sat Bank, 1 265; Nat Cons, 148; News, 360;: N'ylex, 76; NZ Forest, 236; Oakbridge, 285; Olims, 45; Olympics. 70; Overseas, 117; Pion Cone, 181; Pion Sugar, 2-15; Petersville, 129; QBE, 160; Repco, 112; Rothmans, 235; Sleigh, 103; Smith ill.), 640; Swan Brew, 155; Taubmans, 100; Thiess, 670; TNT, 182; Tooheys, 188; Tooths, 200; Union Carbide. 235; Waltons, 64; Weill, 170; Wwths, 132. Mining.—Aberfoyle, 400; Aust Dev, 66; Allstate, 46; Ashton, 185; BH Sth, 375; Bougainville, 242; Cons Gold, 554; CMI, 295; Cent Norse, 940; CHA, 360; Carr Boyd, 33; Cons Rutile, 295; Cudgen, 120; Emperor, 300; Gold Alines Kalg, 320; Hamersley, 300; Hill 50 Gold, 35; Kath Inv, 600; Mid East. 52; Metals Ex, 80; MIM, 338; MKU. 105; Mt Lyell, 105; Nth BH, 275; Nth Flinders, 116; Pan Cont, 490; Peko. 670; Project Mining, 160; Poseidon, 168; Qld Mines, 620: Renison. 1520; Robe River, 102; Southland, 26; Tasminex. 55; Utah. 390; Woodsreef, 3J; WMC. 318; Westralian, 22. : OiI.—AAR. 430; Ampol Ex, 215; AOD, 40; AOG. 120; Beach. 80; Bridge, 210; Hartogen, 230; Longreach. 44; Magellan. 335; Oil Search, 17; Santos, 640; Timor, 9; Vamgas, 265; Woodside, IM. I

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19791205.2.132.7

Bibliographic details

Press, 5 December 1979, Page 28

Word Count
509

Gold shares higher Press, 5 December 1979, Page 28

Gold shares higher Press, 5 December 1979, Page 28

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