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Australia Profit-takers busy

PA Sydney Australian sharemarkets closed slightly easier as profittaking in most sectors outweighed the benefits of a stronger Wall Street and a higher world gold price, brokers said. The market seemed overbought by lunchtime and retreated on the weight of selling and fears of higher interest rates. Near the close of trading, the all ordinaries index had eased 1.2 points to 945.7 after climbing a point early in the day. The gold marker swung between a gain of 9 and 22 points to close 15.5 higher at 1114.

Closing quotes Last Industrial Buy Sell sale ACI 285 290 287 AGC 278 281 280 AMI 260 — 260 ANI 267 268 265 ANZ 468 470 470 APM 275 278 278 AWA 495 510 500 Adel Stm 928 930 930 Ad’tiser — 250 255 Allied Ml 282 290 285 Amatil 540 — 540 Ampol 220 225 225 Ariadne 65 66 67 Arnotts 355 — 360 A Found 175 180 180 BHP 710 714 712 Bell G — 800 800 Bond Corp 178 180 178 Boral 335 340 338 Borg-W 260 265 260 Brambles 390 395 395 Bundaberg 195 197 195 Burns P 500 512 512 CIG 280 285 285 CSR 290 291 291 C’maine 800 810 800 Coal All 590 610 610 Coles 400 — 405 Comalco 185 188 188 Costain 190 195 190 Dunlop 240 242 242 Elders 327 328 328 Elders opt 66 70. — Email '*■ 150 154 150 FAI j 1600 — 1600 FairfaxW 790 820 790

Feltex NZ 232 — — Fletcher — 260 260 GPT 220 225 222 GPT nts 212 215 — GUD 220 245 — G Gotch 295 300 — Hanimex 85 90 88 Hardie J 317 320 320 Herald 480 — 480 Hooker 200 202 201 Humes 168 170 170 ICI — 213 213 IEL Grwth 105 107 — IEL Incme 85 90 — Impala Ind Equit 95 712 100 720 716 Intr Tech 25 27 27 Jennings 180 185 185 Johns Pry 360 365 — Jones Dav 868 880 870 Jonray 630 650 — Kern ’ 200 202 202 Kern pref — 200 — Leighton 129 130 130 L Lease 670 684 676 MLC 2500 2700 — Martin Pr dd — 168 168 Mayne Nic 305 310 310 McPherson 170 175 170 Monier 184 185 185 Morris P 720 750 — Myer 339 340 339 NZ For 185 — — NZI Corp 135 137 137 NZI Corp opt 95 — 98 Nat Aust 446 450 448 Nat Cons 260 265 260 News Corp 680 700 690 Nicholas 190 — 190 OPSM • 276 280 276 Oakbridge 118 120 120 Olims 65 73 — Peters SI 179 180 180 Pioneer C 200 202 202 Pioneer S 135 138 135 QBE 670 — 680 Reckitt 375 — — Repco 134 135 134 Rothmans . 520 — 520 Smith Hwd 590 600 580 Stockland 152 154 154 TNT 220 222 222 Taubmans 185 188 — Tooth 580. 590 — Union C 280 285 285 Vapocure 520 530 530 Vestcorp 115 116 115 Walton 40 41 — Waugh Jos 130 If 130 Wfield Hl 1040 £ 1050 Westnac — 4?a 440

White Ind 435 445 435 Woolworth 325 326 326 Wormaid 391 395 392 MINING Aberfoyle 1100 1110 1110 Allstate 23 — 23 Alpha 50 55 55 Ashton 117 118 118 Aust Devi 17 18 — Bell Res 720 730 730 Bouganvle 190 192 192 CN Gold 940 950 940 CRA 552 554 554 Carr Boyd 190 195 190 CMI 280 285 — Cons Rtle 600 620 — Cudgen 285 — — ERA 163 167 165 Emperor 410 415 415 GM Kalg 1160 1170 1165 Hill 50 36 37 36 Kids ton 610 620 610 MIM 265 — 265 Metals Ex 47 48 — Mid E Min 33 35 — Niugini 300 302 300 North BH 250 254 252 Nth Flndr 280 — — Pancont M 208 212 210 Paringa — 125 125 Paringa opt 26 30 — Peko 470 475 475 Placer 2620 2700 — Poseidon 475 483 480 Qld Coal 165 166 166 RGC 580 590 580 Southland dd 160 175 155 Sthn Pac — 22 20 WMC 404 405 405 West Sand 138 140 140 Whim Crk 315 323 320 OILS AOD 105 — — AOG 120 125 120 Ampol Exp 275 280 275 Beach 98 100 99 Bridge 245 248 245 Claremont 170 172 170 Crusader 250 260 255 Hartogen 225 230 230 L’reach 0 18 — — Magellan 200 — — Magnet 10 13 12 Offshore 16 17 17 Oil Serch 33 35 33 PanCont P 27 28 27 Santos 558 562 560 Vamgas 375 380 380 Weeks Aus 85 87 86 Weeks Pet 600 650 — Woodside 128 130 128

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19850830.2.68.11

Bibliographic details

Press, 30 August 1985, Page 8

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Australia Profit-takers busy Press, 30 August 1985, Page 8

Australia Profit-takers busy Press, 30 August 1985, Page 8

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