Wall St ignored in Aust.
NZPA Sydney Australian sharemarkets closed yesterday firm across the boards on improved turnover despite another sharp fall on Wall Street and easier bullion prices.
The all ordinaries index rose 2.5 to 744.4, the all industrials marker 2.8 to 1059.0 and the all resources index 2.3 to 499.9. Brokers said the improved turnover, particularly in late trading, could have been due to overseas investors taking advantage of currency movements. They said the market again ignored Wall Street, which has dropped around 34 points in the last four sessions.
The market leader, BHP,
rose 5c to 10.45 while CSR was steady at 3.14 after being 2c down for most of the day. On the industrial boards, Woolworths rose 8c to 2.64 with almost 700,000 shares traded, Castlemaine Tooheys dropped 5c to 4.75 and Lend Lease 10c to 6.12. Elsewhere, Rothmans added 10c to 9.40, Bundaberg 6c to 2.08, Pioneer Sugar and AGL 5c to 1.20 and 2.95, with Elders up 2c at 4.42.
Nicholas Kiwi, which has announced a buy-out package with Consolidated Foods of Chicago, dropped 7c to 4.65.
The banks were firmer with Westpac and National 4c higher at 3.80 and 3.38 and ANZ 3c up at 4.85. Among the miners, Placer jumped 50c to 22.00, EZI 10c to 6.34, Central Norseman
6c to 5.20, Emperor and Poseidon 5c to 2.80 and 3.25 while Whim Creek and MIM dropped 5c to 2.65 and 2.95 with CRA 2c off at 5.24.
In the oil and gas sector, Moonie added 25c to 3.45, Bridge 5c to 2.80, Beach 2c to 73c while Santos was steady at 6.60.
Industrials.—ACl 1.92, ANI 2.64, ANZ 4.85, APM 2.28, ASC Prp .71, AWA 4.70, Amatil 3.73, Ampol 1.65, Ariadne .54, BHP 10.45, Bell G 5.00, Bond Corp 1.45, Boral 3.35, Brambles 3.45, Bundaberg 2.08, Burns P 3.75, CIG 3.18, CSR 3.14, C’maine 4.75, Clyde 1.54, Coles 4.09, Comalco 2.20, Dunlop 1.86, EZ Ind 6.34, Elders 4.42, Elders optB7 .70, Email 1.38, GPT 2.18, G Gotch 3.25, Hanimex .87, Hardie J 3.40, Herald 4.00, Hooker 1.68, Humes 1.60, ICI 2.15, Impala 1.00, Ind Equit 7.28, Jennings 1.48, Johns Pry 3.48, Jones Dav 4.75, Kauri .95, L Lease 6.10, Life Save 2.90, Mayne Nic 2.95, McPherson
1.46, Monier 1.85, Morris P 6.08, Myer 1.73, NZ For 1.85, Nat Aust 3.38, Nat Cons 1.45, News Corp 9.70, Nicholas 4.65, Oakbridge .80, Olims .60, Peters SI 1.62, Pioneer C 1.63, Pioneer S 1.20, QBE 5.50, Reckitt 2.90, Repco 120, Rothmans 9.40, Smith Hwd 3.95, Stockland 1.65, TNT 1.74, Tooth 5.50, Walton .33, Westpac 3.80, Woolworth 2.62, Wormald 2.95. Mining.—Allstate .26, Ashton .96, Bouganvle 1.78, CN Gold 520, CRA 524, Carr Boyd .85, ERA 1.62, Emperor 2.80, Gold Copp 24, Hill 50 .28, MIM 2.95, Mallina .11, Metals Ex .48, Muswllbrk .85. North BH 2.37, Pancont M 120, Peko 520, Placer 22.00, Poseidon 3.25, Qld Coal 1.14, Queen Mar 25, RGC 2.60, Southland .28, Sthn Pac .23, Tasminex 1.60, WMC 3.36, West Sand 1.15.
Oils.—ADD 1.00, AOG 1.15, Ampol Exp 2.80, Beach .73, Bridge 2.80, Hartogen 2.25, Magellan 2.10, Oil Serch .22, Pancont P .29, Santos 6.60, Stirling .07, Vamgas 3.80, Woodside 1.23.
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Press, 5 October 1984, Page 13
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527Wall St ignored in Aust. Press, 5 October 1984, Page 13
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