Aust. market mixed

Press, 30 August 1984, Page 27

Aust. market mixed

NZPA Sydney Australian sharemarkets closed easier yesterday in subdued business with traders displaying uncertainty due to a lack of firm signals from abroad. The all ordinaries index fell 3.5 points to 735.7, the all industrials marker rose 0.9 to 1027.1 and the all resources index fell 6.4 to 507.9. National turnover was 29.3 million shares worth ?Aust36.lM with falls outnumbering rises by 204 to 136. Brokers said leading resource issues came under selling pressure while industrial stocks generally held firm. In the metals and golds group, CRA dropped 12c to 5.30, MIM 8c to 2.97, Western Mining 7c to 3.45 and Poseidon and Renison both 5c to 3.20 and 2.85. Aberfoyle, however, rose 10c to 9.60.

Brokers said leading resource issues came under selling pressure while industrial stocks generally held firm.

In the oil and gas sector, Santos shed 16c to 6.60, Genoa and Vamgas each 10c to 1.20 and 3.90, Bridge 5c to 2.90, Weeks Australia 3c to 69 and AOD, for which Santos is offering 90c a share, 1c to 93. Among diversified resource issues, BHP and CSR both lost 5c to 10.55 and 3.28, BHP contributing shares 6c to 7.04 and Bell Resources 20c to 4.40. The banks were mixed with ANZ down 2c to 4.90, National up 5c to 3.35 and Westpac unchanged at 3.85. Industrial sectors to post gains included automotive, paper and packaging and retail while media groups were easier. GWA firmed 15c to 2.00 after a 300 per cent profit rise, Coal and Allied and FAI each 10c to 3.30 and 5.70 and Pioneer Sugar 5c to 1.20. lEL, however, slipped 20c to 6.50, News Corp 15c to 10.50, Rothmans and Queensland Press both 10c to 9.20 and 6.20 and Lend Lease 6c to 5.70 while 5c cuts took Monier to 1.70, Burns, Philp to 3.55, AGL to 2.90, Humes to 1.55 and Herald and Weekly Times to 3.65. Industrials—ACT 1.85, AFL 1.20, ANI 2.28, ANZ 4.88, APM 2.30, AWA 4.52, Adel Stm 5.10,

Ad’tiser 2.15, Amatil 3.75, Ampol 1.73, Ariadne .58. BHP 10.55, Bell G 4.45, Boral 3.62, Brambles 3.02, Bundaberg 2.15, Burns P 3.55, CIG 3.10, CSR 3.28, C’maine 4.40, Clyde 1.60, Coal All 3.30, Coles 3.95, Comalco 2.45, Dunlop 1.75, EZ Ind 6.26, Elders 3.94, Email 1.43, Fairfax J 6.30, GPT 2.20, GUD 1.95, Hardie J 3.40, Herald 3.65, Hooker 1.66, Humes 1.55, ICI 2.10, Impala 1.12, Ind Equit 6.50, Jennings 1.48, Jones Dav 4.50, Kern .80, LLease 5.70, Life Save 2.90, MLC 21.00, Mayne Nic 2.85, McPherson 1.44, Monier 1.70, Myer 1.92, NZI Corp 1.00, Nat Aust 3.35. Nat Cons 1.48, News Corp 10.50, Nicholas 4.10, Oakbridge .85, Peters SI 1.46, Pioneer C 1.54, Pioneer S 1.20, Repco 1.12, Rothmans 9.20, Smith Hwd 3.90, Stockland 1.60, TNT 1.90, Walton .36, Wfield Hl 7.10, Westpac 3.86, Woolworth 2.50, Wormaid 2.92. Mining.—Aberfoyle 9.60, Ashton .95, Aust Devi .36, Bouganvle 1.75, CNGold 5.26, CRA 5.30, Carr Boyd .98, Cudgen 1.70, ERA 1.60, GM Kalg 7.80, Gem dd .80, Hill 50 .32, MIM 2.97, Mallina .12, Mary Kath .20, Metals Ex .62, North BH 2.28, Nth Flndr 2.20, Pancont M 1.25, Paringa 1.25, Peko 4.90, Poseidon 3.20, Qld Coal 1.19, Queen Mar .27, RGC 2.85, Southland .29, Sthn Pac .17, Tasminex 1.20, WMC 3.40, West Sand 1.10. Oils.—AOD .93, AOG 1.37, Ampol Exp 3.20, Beach .78, Bridge 2.90, Hartogen 2.30, Magellan 2.25, Oil Serch .23, Pancont P .32, Santos 6.60, Vamgas 4.00, Woodside 1.20.