Gold-mining shares down in Sydney
NZPA byaney Share prices on the Sydney Stock Exchange yesterday, closed mixed with a weaker bias in light, trendless preelection trading, brokers said. At 3 p.m.. the all-ordin-aries index was down 1.4 points at 517.2. almost entirely because of a fall in the all-resources index of 2.6 points to 405.6. The all industrials was unchanged at 655.7. Turnover totalled 19.24 M shares worth $11.79M, and declines outnumbered advances 135 to 86 with 201 traded issues unchanged. The broadest declines centred on gold-related mining stocks. Heavy-weight miners to fall included MIM, 10c to 415;
Western Mining. 8c to 392; Bougainville Copper. 6c to 236, and BHP, 6c to 654. Leading gold stocks to fall were Central Norseman. 20c to 970. GMK. 20c to 1250: Peko 10c to 650; Poseidon. 10c to 626; and Emperor. 5c to 270. Other leading resource stocks closed mixed. C.S.R. lost 6c to 286. while CRA rose 2c to 402. North BH
gained 5c to 270. and EZ Industries added 6c to 530. Among uranium issues ERA. which on Thursday reported a net profit of $24.02M in the half-year to December 31, rose 3c to' 148. while Pantcontinental Mining dropped 3c to 165. Oil and gas stocks closed mixed in quiet trading. Industrial issues closed mixed in quiet trading.
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Press, 19 February 1983, Page 18
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217Gold-mining shares down in Sydney Press, 19 February 1983, Page 18
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