Australian market in retreat
Australian share prices declined as investors reacted to lower metal prices, and the weakness of Wall Street, brought on by fears of higher interest rates. The all-ordinaries index was 6.3 points off at 604.2, with the all-resources 10.2 points lower at 492.1, and the all-industrials 1.3 points down at 743.1. Major falls were MIM 19c to 435 c, BHP 18c to 820 c, CRA 16c to 530 c, WMC 12c to 448, and Renison 10c to 425, while North Broken Hill 285 c, Bougainville 270 c, and ERA 135 c fell sc. Lower gold prices caused GMK to fall 20c to 990 c, as did Emperor to 290 c. Peko fell 4c to 716 c, and Central Norseman 8c to 792 c.
Industrials.—Amatil, 240; ACI, 140; Adelaide Steamship, 300; AGC, 198; Aust FerL 115; Ampol, 157; ANI, 246; ANZ, 423; APM, 195; Ariadne, 22; ASC Props, 83; Advertiser, 138; AWA, 360; Bundaberg, 315; BHP, 820; Brambles, 265; Boral, 288; Burns P., 220; Carp, 210; CIG, 230; Clyde, 145; Comalco, 268; C’maine, 405; Coles, 278; CSR, 390; CUB, 258; Dunlop-Olympic, 118; Elders IXL, 360; Email, 107; EZI, 590; Fairfax, 275; Gen Prop Trust, 163; Gordon Gotch, 190; GUD, 195; Hardie, 370; Hooker, 115; Humes, 125; Herald, 240; ICI, 175; Ind Equity, 340; Jennings, 165; Johns Perry, 250; D. Jones, 215; Kerncorp, 68; Lend Lease, 425; Lifesavers, 290; Mayne Nick, 270; McPhersons, 103; MLC, 900; Monier, 145; P. Morris, 340; Myer, 133; Nat bank, 302; Nat Cons, 82; News Corp, 516; NZ Forest, 295; Oakbridge, 140; Pion Cone, 148; Repco, 105;
Sleigh, 92; Smith, 375; Soul, 670; Taubmans, 134; TNT, 160; Tooths, 380; Union Carbide, 250; Westpac, 268; Waltons, 65; W’wths, 200; Wormaid, 278. Mining.—Aberfoyle, 700; Allstate, 45; Ashton, 163; Bougainville, 270; Cent Norse, 792; Carr Boyd, 140; CRA, 530; Emperor, 285; ERA, 135; Gem Expl, 4; Gold Mines, 990; Gold Copper, 24; Hill 50 Gold, 42; Magnet, 6; Mid East 60; Metals Ex, 68; Mallina, 11; MIM, 435; North BH, 285; Nth Flinders, 100; Placer, 2250; Peko, 716; Paringa, 70; Poseidon, 490; Queen Marg, 15; Renison Goldfields, 425; Robe River, 176; Southland, 25; Tasminex, 35; Umal, 215; WMC, 448. Oils.—Ampol Ex, 204; AOD, 80; AOG, 115; Bridge, 275; Claremont, 100; Hartogen, 185; Longreach, 6; Oil Search, 13; Pancont, 24; South Pac, 17; Santos, 650; Stirling, 4; Vamgas, 920.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19830629.2.114
Bibliographic details
Press, 29 June 1983, Page 20
Word Count
391Australian market in retreat Press, 29 June 1983, Page 20
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.
Log in