Gold shares firm
Share prices opened sharply higher and consolidated in heavy trading in Sydney yesterday, brokers reporting local and overseas demand by large and small investors. The all-ordinaries index was 10.5 points up at 526.2. the all-resources index gained 13.1 points to 420.5, and the all-industrials 7.4 points to 657.6. Gold stocks firmed with the higher bullion price and
easing dollar, taking GMK 30c higher to 1020 and Central Norseman 20c up to 900 c. Major rises were BHP, 28c to 722 c. CRA 15c to 395 c. WMC, 20c to 398 c, Renison 20c to 310 c, Bougainville 12c to 218 c, MIM 18c to 420 c, and North Broken Hill 13c to 268 c. Oil and gas stocks firmed with Crusader up 40c to 490 c and Vamgas at 700 c. Hartogen at 170 c, and Bridge at
280 c all 10 cents higher. Woodside added 5c to 86c. while Santos was steadv at 536 c. Banks were mixed. The ANZ and Westpac firmed, but the National Bank fell 3c. Retailers were firmer and coal issues mixed. Brewery, tobacco, building material suppliers were firmer. But sugar and property developers eased.
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Press, 11 January 1983, Page 18
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193Gold shares firm Press, 11 January 1983, Page 18
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