Weak Australian market
Australian ' stock prices dropped in lacklustre trading with brokers reporting little buying interest. The all-ordinaries index fell 0.5 points to 504.1, the all-industrials rose 0.1 points to 646.0, and the all-resources lost one point to 389.5. Several mining leaders were unchanged, with CRA at 370 c, North-Broken Hill at 225 c, WMC at 328 c and Renison at 285 c. CSR added. 4c to 298 c, and BHP was steady at 680 c.
Gold stocks were firm with GMK up 10c at 760 c. Oil and gas issues retreated, with Santos down 6c at 590 c, and Hartogen 5c lower at 210 c as was Bridge at 280 c. Banks were mixed, with ANZ rising 2c to 370 c: Westpac added one cent, and National fell a cent. Retailers firmed, with Grace Bros up 5c at 275 c and
Coles 4c better at 232 c.. Building material issues were mixed, with Monier at 115 c and Pioneer Concrete at 140 c both down sc. but James Hardie rose 5c to 335 c. Among builders. Lend Lease and Hooker Corp firmed, Jennings Industries fell 6c to 124 c and Orlit and Henry and Walker eased. Maype Nickless added 5c to 255 c and its transport
industry competitors, TNT, and Brambles, were steady. Coal issues and sugar stocks were quiet, and among petroleum retailers, Ampol and Caltex eased. Brewers attracted little interest. Bond Corp at 110 c, Amatil at 225 c and Dunlop at 108 c were all easier.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19821102.2.106.10
Bibliographic details
Press, 2 November 1982, Page 26
Word Count
250Weak Australian market Press, 2 November 1982, 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.