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Aust. market firm

Investors pushed share prices higher in moderate trading on Australian stock exchanges with BHP leading the market. At the close, the all-ordin-aries index was up 6.0 at 767.1, with the all-industrials up 6.5 at 1005.5, and the allresources 5.6 points ahead at 577.7. BHP closed 25c higher at sAustll.7s on heavy trading. BHP opened higher on rumours from London, denied later by BHP that the British Petroleum-led consortium, in which it holds a share, has encountered oil shows in a well off the Chinese mainland. The company’s weekly report, released in the afternoon, revealed that the drill ship, Regional Endeavour, was about to spud the Jabiru No. 2 well in the Timor Sea. Brokers reported overseas interest in indus-

trials and BHP. Metal stocks were generally unchanged, although EZI rose 6c to 546 c, and Sei trust added 4c to 112 c. Golds tended firmer, with Peko up 6c at 516 c while 5c rises took Poseidon to 485 c, and GMK to 1005 c. Among uraniums, Pancontinental eased 2c, and ERA rose 1c to both close at 142 c. Industrials. —ACI, 188; ANI, 272; ANZ, 578; APM, 205; ASC Prp, 100; AW A, 435; Adel Stm, 460; Amatil, 348; Ampol, 175; Ariadne, 59; BHP, 1175; G Bell, 560; Bond Corp, 132; Boral, 365; Borg-W, 245; Brambles, 305; Bundaberg, 268; Burns P, 360; Burns SS, 175; CIG, 310; CSR, 380; CUB, 415; C’maine, 460; Coles, 386; Comalco, 305; Dunlop, 173; EZ Ind, 546; Elders, 404; Email, 165; J Fairfax, 504; Fibre, 400; Forestwd, 142; GPT, 209; Hanimex, 80; J Hardie, 340; Herald, 335; Hooker, 169; Humes, 143; ICI, 215; Impala, 138; Ind Equ, 560; Jennings, 160; Johns Pry, 310; Kern, 78; L

Lease, 495; Life Save, 305; Mayne Nic, 253; McPherson, 135; Monier, 167; P Morris, 580; •Myer, 192; NZSB, 130; Nat Aust, 362; Nat Cons, 138; News Corp, 1100; Nicholas, 280; Oakbridge, 93; Pioneer Con, 64; Pioneer Sug, 115; QBE, 500; Reckitt, 265; Repco, 120; Rothmans, 860; Sleigh, 139; H Smith, 390; Stockland, 153; TNT, 194; Taubmans, 180; Union Car dd, 280; Walton, 51; Westpac, 388; Wlwth, 236; Wormaid, 320. Mining.—Ashton, 118; B’ville, 255; CRA, 612; Carr Boyd, 117; Cons Rtle, 550; Cudgen, 195; ERA, 142; Emp, 425; GMK, 1005; Gem Ex, 6; Gold Copp, 35; Hill 50, 32; MIM, 355; Metals Ex, 55; Mid E Min, 50; Nth BH, 275; Pancont, 142; Paringa, 88; Peko, 516; Placer Dev, 2000; Poseidon, 485; Qld Coal, 118; Queen M, 22; RGC, 355; Sthland, 39; Sthn Pac, 13; Tasminex, 70; WMC, 425. Oils.—AO Gas, 110; AOD, 78; Ampol Exp, 440; Beach, 54; Bridge, 295; Hartogen, 300; Maal9B; Magnet, 11; Oil 23; Pancont P, 27; Santos, 690; Vamgas, 352; Weeks Pet, 530; Wdsde, 135.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19840504.2.83.25

Bibliographic details

Press, 4 May 1984, Page 10

Word Count
454

Aust. market firm Press, 4 May 1984, Page 10

Aust. market firm Press, 4 May 1984, Page 10