AUSTRALIA Most stocks ease

Press, 2 July 1985, Page 27

AUSTRALIA Most stocks ease

PA Sydney Australian sharemarkets closed marginally easier as institutions re-evaluated investment strategies after the end of the financial year last week, brokers said. They said turn-over was exceptionally low, with national turn-over of 47.8 million shares, valued at $35.5 million. Rises outnumbered falls by 20 to 17. At the close of trading, the all ordinaries index had eased 0.6 points to 860.2, the all industrials marker had slipped 3.5 points to 1236.7 and the all resources indicator had gained 1.5 points to 568.0. The gold index rose 5.3 points to 811.1 after a 50c increase in the Hong Kong gold price on Saturday. Brokers said local investors were sidelined by the start of the national tax summit and the forthcoming Federal budget One of the major features was a 13c slump in Myer Emporium to 222 c. Myer was the subject of heavy turn-over and take-over speculation last week. Among resource stocks, BHP fell 2c to 632 and CSR added lc to 285. In the heavyweight mining sector CRA dropped 8c to 598, MIM 6c to 272, North Broken Hill 3c to 223 and Western Mining 3c to 375.

Closing quotes Last Industrial Buy Sell sale ACI 258 260 258 AGC 238 240 240 AMI 240 245 — ANI 235 235 238 ANZ 444 445 445 APM 270 272 270 AWA 475 485 480 AdelStm 810 830 820

Ad'tiser — 250 — AlliedMl 263 270 — Amatil 480 485 485 Ampol 185 188 185 Ariadne 52 54 53 Arnotts 342 345 345 AFound 138 145 — BHP 630 632 632 BellG 696 700 690 BondCorp 123 125 123 Boral 322 323 321 Borg-W 245 — — Brambles 375 378 375 Bundaberg 155 158 158 BurnsP 390 400 390 CIG 265 270 265 CSR 284 285 285 C’maine 640 642 640 CoalAil 460 470 — Coles 382 383 383 Comalco 190 192 190 Costain 160 170 — Dunlop 225 228 226 Elders 296 298 298 Elders opt 87 62 68 — Email 135 145 — FairfaxJ 680 686 686 FeltexNZ 184 195 — Fletcher 229 231 231 GPT 218 220 220 GPT nts — 220 — GUD 200 — — GGotcb 280 300 290 Hanimex 88 90 — HardieJ 342 345 345 Herald 430 435 435 Hooker 172 175 173 Humes 157 158 158 ICI 183 185 185 lELGrwth 113 115 113 lELIncme 92 — — Impala 75 90 — IndEquit 648 652 650 IntrTech 28 30 — Jennings 180 182 182 JohnsPry 345 355 — JonesDav 650 — 650 Jonray — 670 660 Kern 120 132 — Kern pref 150 — — Leighton 132 135 135 LLease 680 686 684 LifeSave 340 345 — MLC — 2700 — MartinPr 55 — 55 MayneNic 300 — 302 McPherson 149 150 149 Monier 171 — 172 MorrisP — 620 — Myer 222 223 222 NZFor 165 175 170 NZICorp ' 128 130. 130 NZICorp opt — 70 — NatAust 412 418 412 NatCons 190 192 190 NewsCorp 670 680 680 Nicholas 170 175 175 OPSM 240 243 243 Oakbridge 90 92 90 Olims 70 73 — PetersSl 169 170 170 PioneerC 175 176 175 PioneerS — 115 — QBE 590 — —

Reckitt 345 - - Repco 117 118 118 Rothmans 430 — 430 SmithHwd 480 485 480 Stockland 148 152 152 TNT 197 200 199 Taubmans 177 180 — Tooth 580 586 — UnionC 250 — — Vapocure 500 — 500 Vestcorp 110 115 115 Walton 34 35 35 WaughJos 135 142 — WfieldHl — 990 — Westpac 408 409 408 Whitelnd 360 370 360 Woolworth 271 274 272 Wormaid 371 MINING 372 375 Aberfoyle — 1080 1080 Allstate — 25 — Alpha 53 55 55 Ashton 115 120 115 AustDevl 14 18 — BellRes 640 660 — Bouganvle 190 195 190 CNGold 720 740 730 CRA 598 600 598 Carr Boyd 135 140 130 CMI 265 280 — ConsRtle 580 590 580 Cudgen 205 210 210 ERA 146 148 146 Emperor 370 375 — GMKalg 820 850 — Hill50 24 25 24 Kidston 415 420 415 MIM 273 275 272 MetalsEx 45 50 45 MidEMin 25 26 26 NorthBH 220 223 223 NthFlndr 150 155 155 PancontM 175 180 180 Paringa 105 110 — Peko 405 410 405 Placer 2500 — 2550 Poseidon 330 335 335 QldCoal • 160 162 162 RGC 485 490 485 Southland i dd 125 135 125 SthnPac 17 18 17 WMC 372 374 375 WestSand 120 123 120 WhimCrk 244 OILS 245 244 AOD 106 — 105 AOG 110 116 — AmpolExp 235 238 235 Beach 83 85 83 Bridge 240 242 240 Claremont 178 180 178 Crusader 240 250 240 Hartogen 245 250 250 L’reachO 9 — 10 Magellan 220 — 222 Magnet 15 16 15 Offshore 18 19 19 OilSearch 30 33 — PancontP 27 28 29 Santos 544 548 546 Vamgas 390 395 — WeeksAus 76 77 76 WeeksPet 570 — 570 Woodside 145 150 150