AUSTRALIA Record trading

Press, 8 May 1985, Page 47

AUSTRALIA Record trading

PA Sydney Australian sharemarkets closed at a record high on institutional support for selected industrial stocks, brokers said. The all ordinaries index closed off its day’s high of 880.3 points to finish at 878.2, a 3.2 point gain on the day and eclipsing the previous record of 875.1 set on April 30. The all industrials index posted its second consecutive record with a 3.7 point rise to 1225.2 points. The all resources marker rose 2.7 points to 606 and the gold index fell 2.1 points to 8999.3. Brokers said overseas factors provided little direction and they attributed market strength to institutional liquidity and a shortage of scrip. The national turnover was 44.60 M shares, compared with 32.04 M shares on Monday. Turnover was valued at $55.37M, with rises beating falls by five to four. ACI International topped the turnover list with 1.22 M shares traded for a 4c gain to 228. Analysts said the stock is a potential takeover target, with Adelaide Steamship a possible predator. News Corporation, which set the pace yesterday with a $l.lO rise to 870, was cut back on profit-taking to 840 in light trading.

INDUSTRIAL Last Closing quotes Industrial Buy Sell sale ACI 228 229 228 AGC 248 255 250 AMI 240 245 — ANI 278 280 280 ANZ 473 475 473 APM 278 280 280 AWA 465 468 468 Adel Stm 720 730 720 Ad’tiser 252 — — Allied Ml 252 257 255 Amatil 432 437 435 Ampol 182 185 182 Ariadne 56 57 57 Arnotts 320 325 325 BHP 646 648 646 Bell G 700 702 700 Bond Corp 152 154 152 Boral 324 325 325 Borg-W 240 245 —

Brambles 384 385 385 Bundaberg 190 195 190 Burns P 395 400 395 CIG 257 — 260 CSR 290 293 293 C’maine 516 520 518 Coal All 480 490 480 Coles 370 372 370 Comalco 226 235 230 Costain 165 180 178 Dunlop 218 220 220 Elders 305 310 309 Elders opt 60 70 65 Email 143 146 145 Fairfax J 710 720 *710 GPT 228 230 230 GPT nts 218 220 218 GUD — — 190 GGotch 290 305 — Hanimex 90 — 90 Hardie J 320 322 322 Herald 460 — 455 Hooker 161 — 162 Humes 165 167 165 ICI 200 203 200 Impala Ind Equit 60 664 70 670 70 670 Intr Tech 31 32 32 Jennings 168 172 170 Johns Pry 325 330 — Jones Dav 560 566 566 Jonray 600 620 600 Kern 123 125 — Kern pref 145 — — Leighton 170 172 172 L Lease 678 680 680 Life Save 320 350 320 MLC 4400 — 4500 Martin Pr 60 62 62 Mayne Nic 305 315 308 McPherson 143 144 143 Monier 171 173 170 Morris P 620 640 — Myer 182 183 183 NZ For 205 — — NZI Corp 108 112 — NZI Corp opt — 60 — Nat Aust 390 395 390 Nat Cons — 175 170 News Corp 836 840 840 Nicholas 192 195 192 OPSM 238 240 240 Oakbridge 96 101 96 Olims 75 80 — Peters SI 177 178 178 Pioneer C 177 179 179 Pioneer S . 117 119 119 QBE 580 590 — Reckitt 350 —- 350 Repco Rothmans 123 415 125 420 123 Smith Hwd 470 472 475 Stockland 149 150 149 TNT 190 191 191 Taubmans 172 175 172 Tooth 580 586 584 Union C 235 — —

Vapocure 520 530 530 Vestcorp 130 — 130 Walton 37 38 38 Waugh Jos 130 135 130 Wfield Hl 980 990 980 Westpac 388 390 388 White Ind 380 385 380 Woolworth 312 330 312 Wormaid 358 360 360 MINING Aberfoyle 1100 1110 1100 Allstate 27 33 — Alpha 59 60 60 Ashton 88 92 90 Aust Devi 20 22 20 Bell Res 710 720 720 Bouganvle 215 218 215 CN Gold 820 840 830 CRA 642 646 644 Carr Boyd 145 150 145 CMI 260 275 — Cons Rtle 560 600 — Cudgen 230 235 — ERA 146 148 146 Emperor 390 395 390 GM Kalg 910 930 — Hill 50 32 33 32 Kidston 435 440 440 MIM 335 337 335 Metals Ex 62 63 — Mid E Min 36 38 — North BH 265 266 265 Nth Flndr 170 — 175 Pancont M 176 177 177 Paringa 120 125 120 Paringa opt 86 29 30 30 Peko 440 442 440 Placer 2550 2700 — Poseidon 405 420 405 Qld Coal 164 165 164 RGC 540 550 540 Southland 25 26 25 Sthn Pac 22 24 22 WMC 415 420 415 West Sand 138 145 140 Whim Crk 298 300 300 OILS AOD 106 110 106 AOG 130 135 130 Ampol Exp 238 242 240 Beach 76 78 78 Bridge 250 255 250 Claremont 176 177 176 Crusader 275 280 275 Hartogen 325 — 325 L’reach — 10 12Magellan 265 270 270 Magnet 7 8 — Oflshore 14 15 14 Oil Serch 36 38 37 Pancont P 24 25 24 Santos 620 622 620 Vamgas 410 — 422 Weeks Aus 75 76 75 Weeks Pet 570 — — Woodside 157 158 158