AUSTRALIA Stocks firmer at close
NZPA-AAP Sydney Australian stocks closed firmer for the second consecutive session with greater overseas interest and heavy buying in BHP leading the market up, brokers said. At the close of trading the all ordinaries index had increased 5.4 points to 986.0, the all industrials had fallen 1.7 points to 1454.8 and the all resources index had gained 10.3 points to 624.1. The gold index was down 10.8 points to 804.0.
Turnover was 65M shares worth $123.2M, with falls outnumbering rises by 224 to 187. Brokers said profits from Wall Street had filtered through into the local market and that the market leaders would have risen more but for a shortage of scrip. About 3.5 M BHP shares were traded in Sydney and Melbourne, triggering rumours of a friendly company pushing up the stock’s price to force Bell’s chief, Mr Robert Holmes aCourt, to play his hand. BHP closed 30c up at 870 after reaching a high of 876. Among other market leaders Bell Resources put on 20c to 510 and CSR 1c to 363.
Closing quotes Last Industrial Buy Sell sale ACI 270 272 270 AGC 245 252 245 AMI - . 200 200 ANI 258 - 260 ANZ 429 430 430 APM 285 286 285 AWA 560 580 560 AdelStm 960 970 960 Ad'tiser - 235 — Allied Ml 305 310 305 Alpha 40 42 42 Amatil 570 - 580 Am pel 220 225 220 Ariadne 190 193 193 Ariadne dd 190- 195 190 Arnotts 305 310 310 AFound 205 - 210 BHP 870 872 870 BellG 1175 1180 1185 BondCorp 180 185 180 Boral 315 317 317
Borg-W 215 220 — Brambles 425 435 425 Brierley 580 600 590 Bundaberg 215 220 220 BumsP —— 500 500 CIG 276 — 275 CSR 363 364 363 ChaseCrp —- 425 425 CoalAll 470 500 470 Coles 412 415 415 Comalco 182 183 183 Costain 205 — Dunlop 225 230 230 Elders 298 300 300 Elders opt 87 125 125 Email —— 166 Equitcorp FAI dd 151 452 152 455 151 455 Fairfax J 670 680 — ■ Feltex NZ —- 235 — Fletcher 255 — 255 Fortuna 92 95 — GPT 208 209 209 GPT nts 198 — — GUD 230 240 — G Gotch 300 325 300 Hanimex 77 78 78 Hardie J 310 318 315 Herald 510 520 510 Hooker 184 185 185 Humes 165 166 166 ICI 211 213 212 IEL Grwth ' 95 — IEL Incme 85 90 84 Impala Ina Equit 115 118 926 118 920 Intr Tech 26 27 27 Jennings Johns Pry 190 200 — 520 530 530 Jones Dav 1015 1020 1015 Jonray 750 820 — Kern 225 227 222 Kern pf 220 ■RPW — Leighton 100 — 101 L Lease 576 580 580 MLC 2700 2800 2750 Martin Pr dd 105 — MayneNic 305 — 310 McPherson 200 210 200 Monier 186 190 188 Morris P 1100 ■ — — Myer NZFor 345 — 350 165 170 165 NZI Corp 135 140 140 NZI Corp opt 105 — — NatAust 460 462 461 Nat Cons 210 215 212 News Corp 910 914 910 Nicholas 235 240 — OPSM 285 290 285 Oakbridge 115 118 115 Olims-k 70 80 75 Peters Si< 185 188 185
Pioneer C 225 226 225 Pioneer S 140 145 142 QBE —. 610 600 Reckitt — 350 — Repco Rod Jones 155 156 155 170 190 — Rothmans 620 — 630 Smith Hwd 442 450 445 Stockland 162 168 167 Sunshine 219 225 220 TNT 242 244 244 Taubmans 200 215 200 Tooth — 520 —— Union C 315 . — 320 Vapocure 230 235 240 Vestcorp 90 99 — Walton 34 36 35 Wattie 270 275 —. Waugh Jos Wfield Hl 135 140 — 1300 1320 — Westpac 446 448 447 White Ind 490 500 490 Woolworth 341 — 341 Wormaid 354 358 355 MINING Aberfoyle 800 830 — Allstate — 20 •— Ashton 108 112 110 Aust Devi 16 — — Bell Res dd 510 520 510 Bouganvle 190 192 190 CN Gold 580 600 590 CRA 532 534 534 Carr Boyd 135 148 150 CMI 290 — — Cons Rtle 660 680 — Cudgen — 290 — ERA 159 160 160 Emperor 265 270 280 GM Kalg 800 820 830
Hill 50 25 26 26 Kidston 465 475 465 MIM 260 262 262 Metals Ex 36 — 36 Mid E Min — 28 — Niugini 190 195 190 North BH 218 220 220 Nth Flndr 270 290 ' — Pancont M 172 173 173 Paringa 95 100 95 Paringa opt — 15 —- Peko 475 485 480 Placer 2400 2500 — Poseidon 263 265 265 Qld Coal 138 141 1'40 RGC 490 495 490 Southland dd — 280 — Sthn Pae 16 17 —- WMC 316 318 316 West Sand 148 152 150 Whim Crk 245 254 — OILS AOG 135 145 140 Ampol Exp 250 255 250 Beach 67 70 68 Bridge 180 190 190 Claremont — 118 118 Crusader 175 180 180 Hartogen 170 180 180 L’reach 0 — 23 — Magellan 200 — — Magnet 10 11 10 Offshore 12 13 13 Oil Serch 35 36 35 Pancont P 20 21 21 Peko Oil 80 83 80 Santos 516 520 516 Vamgas 280 285 280 Weeks Pet 660 — 670 Woodside 121 — 122
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Press, 19 December 1985, Page 34
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818AUSTRALIA Stocks firmer at close Press, 19 December 1985, Page 34
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