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Market continues to ease

Trading bn Australian stock exchanges continued to lose ‘momentum yesterday as sellers chipped away at gains picked up with Monday’s record allordinaries finish. Leading miners were generally down on a waning of overseas support, but most of the heavy selling was reserved for Cooper Basin gas stocks.

Santos finished the day 60c weaker at $13.40 and Vamgas and Crusader each lost

30c to 700 c and 410 c respectively, but several other oils managed gains on the day. Industrials. —Amatll, 225; ACI, 223; Aust Fert, 135; AGC, 142; Acmil, 105; Ampol, 138; ANI, 305; ANZ, 485; APM, 215; Assoc Pulp, 200; ARC, 150; Advertiser, 183; AWA, 340; Bundaberg, 375; BHP. 1515; Brambles, 250; BMI, 185; NSW, 304; Bora}, 300; Burns P. 270; Carrier, 310: Carp, 210; CBA, 260; CBC, 305; CIG, 335; Clyde, 340; Comalco. 590; C’maine. 375; Coles, 215; CSR, 768; Containers, 335; CUB, 187; Dunlop, 83; Elders, 325; EMI, 135; Email, 142; EZI, 670; Fairfax, 150; Forestwood, 350; Gen Prop Trust, 145; Gerrard. 183: Hardie, 417: Hooker.

102; Humes, 159; Herald, 223; ICI,| 250; Ind Equity. 410; Jennings,| 105; D. Jones, 130; H. Jones, 200; Kauri, 42; Lend Lease, 425; LNC, i 185; Lifesavers, 265; Mayne Nick, 240; McPhersons, 155; MLC, 682; Monier, 188; P. Morris, 500; ' Mauri, 92; Myer, 145; Nat Bank, 266; Nat Cons, 145; News Corp, 295; Nylex, 131; NZ Forest, 290; : Oakbridge, 420; Olims, 45; Olympics, 154; Overseas, 144; Pion ■ Cone, 235; Pion Sugar, 370; ■ Petersville, 137: QBE, 200; Repco, 105; Rocla, 85; Sth Brit. 250; Sleigh, 160; H. Smith, 900; Soul, I 750; Swan, 174; Taubmans. 110; TNT, 248; Tooths, 185; Union Carbide, 290; Waltons, 71; Wwths, . 168; Wormaid, 420. Mining.—Aberfoyle, 710; Aust : Dev, 135; Allstate, 182; Ashton, i 280; Assoc Min, 325; BH Sth. 460;

I Bougainville, 250; Cons Gold, 860; I Cent Norse, 1120; CRA, 568; Carr Boyd, 72; Cons Rutile, 520; Cudgen, 195; Emperor. 210; Gem Expl, 67; GM Kalg, 810; Gold Copper, 135; Hamersley, 450; Hill 50 Gold, 79; Kath Inv, 640; Mid East, 25: Metals Ex, 142; MIM, 510; Mt Lyell, 190; Nth BH, 378: Nth Flinders, 180; Pan Cont, 740; Placer, 1600; Peko, 880; Poseidon, 435; Qld Mines, 850; Queen Marg, 41; Renison, 2200; Robe River, 148; Southland, 51; Tasminex, 65; Utah, 536; Woodsreef, 6; WMC, 598; Westralian. 41. Oils.—Ampol Ex, 265; AOD, 80; AOG, 275; Beach, 165; Bridge, 490; Hartogen, 520; Longreach, 29; Magellan, 606: Oil Search. 29; Project, 180; Sth Pac, 2200; Santos, 1340; Stirling, 28; Timor, 1 17; Vamgas, 700; Woodside, 299.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19800814.2.84.9

Bibliographic details

Press, 14 August 1980, Page 18

Word Count
422

Market continues to ease Press, 14 August 1980, Page 18

Market continues to ease Press, 14 August 1980, Page 18