AUSTRALIA Rise on speculation

Press, 9 August 1985, Page 8

AUSTRALIA Rise on speculation

PA Sydney Australian sharemarkets closed firmer, with speculation in situation stocks boosting investor confidence, brokers said. They said strong showings in the banking, media and retailing sectors reflected the market’s resilience. The market is underpinned by a general shortage of scrip, attracting institutional bargain-hunting, brokers said. By the close of trading the all ordinaries index had gained 2.9 points to 934.8. A split in the market was reflected by a 5.3 point rise in the all industrials index to 1362.1 and a 2.9 point drop in the gold marker to 1026.9. The all resources indicator climbed 1.2 points to 603.9.

Closing quotes Last Industrial Buy Sell sale ACI 266 267 266 AGC 288 292 290 AMI 245 — ANI 268 270 270 ANZ 514 516 514 APM 290 295 290 AWA 492 500 496 Adel Stm 870 880 876 Ad’tiser 250 260 — Allied Ml 280 — 280 Amatil 510 514 510 Ampol 206 208 207 Ariadne 57 58 57 Arnotts 368 372 370 A Found 165 170 165 BMP 676 678 676 Bell G 786 790 790 Bond Corp 152 155 152 Boral 348 350 350 Borg-W 260 270 265 Brambles 384 388 385 Bundaberg 192 195 192 Burns P 445 450 448 CIG — 290 290 CSR 327 328 328 C’maine 758 760 758

Coal All 540 - 540 Coles 380 383 380 Comalco 195 196 190 Costain 180 — 180 Dunlop 250 — 250 Elders 317 320 318 Elders opt 65 68 — Email 150 — 150 Fairfax J 790 800 800 Feltex NZ 208 — — Fletcher 265 270 270 GPT 216 218 217 GPT nts 210 — — GUD 240 — — G Gotch 306 310 — Hanimex 87 90 — Hardie J 313 320 315 Herald 470 480 475 Hooker 190 193 193 Humes 174 175 175 ICI 200 203 203 IEL Grwth 107 116 — IEL Incme 75 78 78 Impala Ind Equit 90 688 100 690 100 690 Intr Tech 28 — 30 Jennings 185 190 185 Johns Pry 426 430 430 Jones Dav 790 820 800 Jonray 600 650 600 Kern 150 155 155 Leighton 140 141 141 L Lease 696 700 696 MLC 2700 2750 2750 Martin Pr 66 68 68 Mayne Nic 315 — 318 McPherson 165 166 166 Monier 178 180 180 Morris P 710 720 710 Myer 325 330 325 NZ For 195 205 200 NZI Corp — 126 125 NZI Corp opt — 100 — Nat Aust 467 470 470 Nat Cons 225 — 225 News Corp 632 — 630 Nicholas 175 195 — OPSM 274 276 275 Oakbridge 117 118 118 dims 70 73 70 Peters SI 178 180 180 Pioneer C 196 197 196

Pioneer S 133 134 133 QBE 620 630 —- Reckitt 380 385 380 Repco 131 138 131 Rothmans 490 495 490 Smith Hwd 580 590 580 Stockland 167 168 167 TNT 222 224 225 Taubmans 183 185 183 Tooth 590 600 590 Union C 265 275 — Vapocure 510 520 510 Vestcorp 115 120 115 Walton 38 42 40 Waugh Jos — 143 — Wfield Hl 984 — — Westpac 485 488 485 White Ind 410 — 420 Woolworth 335 337 336 Wormaid 395 398 395 MINING Aberfoyle 1080 1100 — Allstate — — 22 Alpha — 49 48 Ashton 113 115 115 Aust Devi 16 17 17 Bell Res 680 696 690 Bouganvle 188 190 188 CN Gold 914 920 920 CRA 576 580 580 Carr Boyd 185 189 188 CMI 278 285 — Cons Rtle 600 — — Cudgen 260 — 260 ERA 165 167 165 Emperor 415 425 415 GM Kalg 1090 1100 1100 Hill 50 27 29 28 Kidston 524 528 524 MIM 262 264 264 Metals Ex 47 48 47 Mid E Min 32 36 32 North BH 237 240 238 Nth Flndr 190 — — Pancont M 196 198 198 Paringa 112 120 — Paringa opt 22 24 24 Peko 465 470 470 Placer 2600 2700 — Poseidon 415 418 415 Qld Coal 173 174 174 RGC 530 — 530 Southland dd 150 155 150 Sthn Pac 17 18 17 WMC 410 413 412 West Sand 125 — 125 Whim Crk 310 312 310 OILS AOD 105 — — AOG 120 125 120 Ampol Exp 270 275 270 Beach • 98 100 100 Bridge 245 250 248 Claremont 175 180 175 Crusader — 260 — Hartogen 220 225 218 L’reach 0 18 21 18 Magellan 225 — — Magnet 13 14 13 Offshore 16 17 17 Oil Serch 30 32 32 Pancont P 30 31 30 Santos 580 588 578 Vamgas 408 415 — Weeks Aus 80 81 81 Weeks Pet — 650 — Woodside 128 130 128