AUSTRALIA Peak after flurry

Press, 13 July 1985, Page 24

AUSTRALIA Peak after flurry

NZPA-AAP Sydney A late rally in Australian sharemarkets, led by a 92c jump in the Castlemaine Tooheys share price, saw the all-ordinaries index climb to a further record yesterday, brokers said. They said they were at a loss to provide reasons for the flurry of last minute activity that turned the market upward after a lacklustre day’s trading. The Castlemaine share price surged to 775 c shortly before the close when Sydney broker, Rivkin, sold two special parcels of 100,000 and 95,000 shares. The share price finished at 774. Brokers said Rivkin could be buying on behalf of the Perth businessman, Mr Alan Bond,

who was revealed as a Castlemaine buyer towards the end of last month. At the close of trading, the all-ordinaries index had gained 2.8 points to a record 909.5. Continued activity in situation stocks saw investors spend sAustlo3.s million through the day, with 63.4 million shares traded. Resource stocks were weak after an overnight rise in the value of the Australian dollar depressed offshore interest. After an 8c fall in the morning session, market leader BHP recovered to be down 2c at 656 c at the close. CSR added 8c to 312 c, CRA fell 2 to 586 and Western Mining shed 10c to 385.

Closing quotes Last Industrial Buy Sell sale ACT 281 282 282 AGC 245 248 245 AMI 240 250 — ANI 256 258 258 ANZ 496 498 498 APM 285 286 286 , AWA — 470 465 AdelStm 870 880 870 Ad’tiser 250 255 — AlliedMl 275 280 280 Amatil 500 510 500 Ampol 192 195 195 Ariadne 54 55 55 Arnotts 360 370 365 AFound 163 166 163 BHP 654 656 656 BellG 724 730 730 BondCorp 142 145 142 Boral 345 348 348 Borg-W 255 — 255 Brambles 390 393 390 Bundaberg 175 180 178 BurnsP 430 — 430 CIG 265 270 270 CSR 310 313 312 C’maine 774 776 774 CoalAll 470 480 480 Coles 388 390 388 Comalco 187 190 188 Costain 170 175 170 Dunlop 250 252 250 Elders 308 310 309 Elders opt 70 72 72 Email 143 145 145 FairfaxJ 750 760 — FeltexNZ 190 205 — Fletcher 235 238 237 GPT 222 223 223 GPT nts — 217 — GUD 220 235 — GGotch 300 306 305

Hanimex 92 94 92 HardieJ 295 297 297 Herald 460 465 460 Hooker 173 174 173 Humes 180 — 180 ICI 200 205 205 lELGrwth 105 115 —. lELIncme 92 — 92 Impala IndEquit 88 90 666 88 660 IntrTech 28 30 28 Jennings 215 216 215 JohnsPry 370 380 372 JonesDav 780 800 780 Jonray 550 600 — Kern 125 128 — Kern pf 150 — — Leighton 143 145 145 LLease 686 690 690 LifeSave 340 345 340 MLC 2650 2750 2650 MartinPr 63 65 65 MayneNic McPherson 310 170 320 175 320 175 Monier 184 185 185 MorrisP — 650 — Myer312 315 312 NZFor 190 210 195 NZICorp 155 158 158 NZICorp opt 95 — 90 NatAust 446 447 446 NatCons 205 — 205 NewsCorp 640 650 650 Nicholas 190 —— 200 OPSM 267 270 270 Oakbridge 105 108 108 Olims — 73 — PetersSl 182 185 182 PioneerC 203 205 203 PioneerS 115 118 116 QBE 590 — 610 Reckitt 358 — —— Repco 123 124 124 Rothmans 510 520 510 SmithHwd 500 502 500 Stockland 158 160 160 TNT 210 211 211 Taubmans 180 185 180 Tooth 610 620 610 UnionC 252 258 255 Vapocure 550 570 — Vestcorp 116 118 118 Walton 39 40 39 WaughJos 144 — 144 WfieldHl — 950 950 Westpac 453 455 454 Whitelnd 390 405 405 Woolworth 325 328 325 Wormaid 391 395 391 MINING Aberfoyle 1100 1120 1080 Allstate 22 24 24 Alpha Ashton 54 55 55 105 108 108 AustDevl 15 16 16 BellRes 660 680 660 Bouganvle 195 199 198 CNGold 770 780 780 CRA 584 586 586 CarrBoyd 142 145 140 CMI 280 300 285 ConsRtle 570 600 — Cudgen 230 235 235 ERA 166 167 166 Emperor GMKalg 380 860 385 880 385 Hill 50 25 — 26 Kidston 416 420 418 MIM 278 280 278 MetalsEx 49 50 50 MidEMin — — 25 NorthBH 225 226 226 NthFlindr 170 — — PancontM 176 178 175 Paringa — 105 — Paringa opt 10 20 Peko 417 420 418 Placer 2370 2420 — Poseidon 350 355 350 QldCoal 169 170 169 RGC 490 — 490 Southland — 115 115 ' SthnPac 18 20 — WMC 385 387 385 WestSand 136 142 136 WhimCrk 260 268 265 OILS AOD 105 106 106 AOG '115 120 115 AmpolExp 252 255 255 Beach 93 94 93 Bridge 245 250 245 Claremont 160 162 160 Crusader 258 260 260 Hartogen 238 240 238 L’reach 0 13 — — Magellan 215 220 220 Magnet — 15 14 Offshore 21 22 22 OilSerch 32 33 33 PancontP 27 28 27 Santos 550 554 550 Vamgas 400 410 410 WeeksAus 79 82 80 WeeksPet 570 — — Woodside 135 140 135