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Few gains shown

Many stocks managed to push off their 10. ’, but few were up on the day as foreign investors took another rest from the Australian market yesterday. The market continues to be: influenced by commodity prices on overseas markets, despite recent price rises by Australian base .metal producers. B.H.P. stopped its slide with a 5c gain to 1340 c after announcing a record steel production of 764,000 tonnes in January. CSR,- Australias biggest sugar producer, fell another 14c to 640 c in the wake of tumbling sugar prices. A strong recovery by copper in London pushed Bougainville up 10c to 430 c; and

MIM up 10c to 560 c, but erratic gold markets took a toll of gold miners. Industrial. —Amatil, 223; ACI, 223; Aust Feri, 162; AGC, 155; Acmil, 97; Ampul, 115; AM, 2bu; ANZ. 485; AP.U, 185; Assoc Pulp, 240 ABC, 147; Ansett,_ 220; Advertiser, 175; AWA, 325; Bmidaberg, 800; BHP, 1340; Brambles, 220; BIUI, 153; Bank NSW, 330; Boral, 255; Burns P, 292; Borg W, 240: Carp (W. R.), 180; ABA, 308; ABC. 310; CIG, 310; Clyde, 252; Comalco, 570; C’maine, 520; Coal All, 950; Coles (G. J), 208; Courtaulds, 70; Containers, 290; Com Union, 98; CUB, 210; Dunlop, 86; Elders, 325; EMI, 124; Email, 123; EZI, 750; Fairfax, 138: Gen Trust, 160: GUD. 185; Hartlie, 370; Hooker, 116; Humes, 135; Herald. 220; ICI, 298; Ind Equity, 240; Jennings, 100; Jones (D), 15a; Jones (H), 150; Lend Lease, 340; LNC. 207; Lifesavers, 210; Mayne Nick, 235; McPhersons, 132: MLC. 502; Monier, 202: Morris (P.l. 530; Mauri Bros, 92; Myer, 163; Nat Bank, 267; Nat. Cons. 135: News. 235; Nylex. 101; NZ Forest. 231; Oakbridge, 395; Olims, 4u;

Olympic, 74; Overseas, 120; Pion Cone, 223; Pion Sugar, 350; Protector, 240; Petersville, 143; QBE, 171; Repco, 116; Rocla, 90; Rothmans. 260; Sleigh, 132; Smith (H ), 776: SouL (W. H.), 760; Swan Brew. 177; Thiess. 900; TNT, 240; Tooheys, 215; Tooths, 240; Union Carbide, 250; Waltons, 62; Wwths, 152. Mining.—Aberfoyle, 760; Aust Dev, 105; Ashton, 305; BH Sth, 490; Bougainville, 418; Cons Gold. 720; CMI, 350; Cent Norse, 630; CRA, 632; Carr Boyd, 68; Cudgen, 175; Emperor, 210; Gem Ex, 59; Gold Mine Kalg, 460; Hamersley 430; Hill 50 Gold. 68; Kath Inv, 670; Mid East. 27; Metals Ex, 120; MIM. 550; MKU, 132; Mt Lyell, 265; Nth BH, 368; Pancont. 850: Peko, 920; Poseidon. 260; Qld Mines, 680; Renison. 1900; Robe River. 125; Southland. 36: Utah. 460; Woodsreef, 4J; WMC, 472: Westralian. 30. OiI.—AAR, 490: Ampol Ex, 240: AOD. 52; AOG. 160; Beach. 130; Bridge. 305: Hartogen, 320: Longreach. 52; Magellan, 420; Oil Search, 36; Sth Pacific. 1650; Sam , tos. 780: Timor, 11; Vamgas, 330; Woodside. 238.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19800222.2.96.3

Bibliographic details

Press, 22 February 1980, Page 17

Word Count
450

Few gains shown Press, 22 February 1980, Page 17

Few gains shown Press, 22 February 1980, Page 17