Aust, surge levels off

Press, 11 January 1986, Page 20

Aust, surge levels off

NZPA Sydney Australian sharemarkets closed barely steady yesterday as profit-taking in industrial stocks counter-acted gains in mining and gold stocks. Near the close of trading, the all-ordinaries index had risen 0.2 points to 1044.1, the all-industnals had fallen 2.3 points to 1538.1 and the allresources index had gained 1.9 points to 662.4. The gold index rose 20.9 points to 957.5. Turnover was 51.4 M shares worth JAust.B4.4M, rises outnumbering falls, 103 to 56. The highlight of the day’s trading was a special sale in Melbourne of 800,000 BHP shares at 900, well above the market price. The market leader closed 2c lower at 888. CSR closed steady at 373 and Bell Resources lost 8c to 580.

The mining sector was firm, though many stocks retreated from strong early gains by the close. CRA added 4c to 588, .Western Mining 3c to 355, North Broken Hill 3c to 245, and MIM 2c to 290. Gold related stocks again finished well up though there were some losses. GMK added 30c to 900, and Poseidon and Whim Creek 5c each to 290 and 260. Kidston shed 10c to 550. Oil and gas stocks traded mixed with Santos down 2c to 544 and Magellan down 10c to 230. Ampol Exploration and Bridge Oil both added 5c to 265 and 220 respectively. On the industrial board, lEL shed 34c to 690 while AGL gained 10c to 580. About I.IM Pioneer Concrete shares were traded and the stock remained steady at 270.

Closing quotes Buy Sell Sale 300 302 300 ACI 250 255 250 AGC — 200 — AMIToyota 298 300 298 ANI 467 468 468 ANZ 306 308 308 APM 580 600 580 AWA 1080 1090 1080 AdelStm 210 230 — Ad’tiser 315 330 320 Allied Ml 30 35 35 Alpha 600 — 600 Amatil 240 245 240 Ampol 205 207 205 Ariadne 202 — 205 Aridne dd 325 320 Arnotts 213 220 \215 AFound 888 890 888 BHP 690 694 694 BellG 198 200 200 BondCorp 328 331 330 Boral 220 — 217 Borg-W 450 455 450 Brambles 530 532 530 Brierley b — 530 530 Brierley 255 260 257 Bundaberg 510 526 520 BurnsP 295 300 295 CIG 373 374 373 CSR — — — C’maine 435 450 445 ChaseCrp 496 500 500 CoalAll 450 455 450 Coles 192 195 195 Comaico — 220 220 Costain 300 302 300 Elders 130 135 — opt 170 — — Email 175 532 180 538 180 Equiticorp 534 FAI dd 700 720 716 Fairfax 200 230 — FeltexNZ 220 255 — Fletcher 87 89 — Fortuna 222 225 223 GPT 210 — - GPT nts —- —. - GUD 295 320 300 GGotch 86 88 86 Hanimex 318 320 318 HardieJ 516 520 516 Herald 185 188 188 Hooker 177 178 178 Humes 230 232 230 ICI 95 100 100 lELGrwth — 85 — lELIncme 115 690 120 700 120 Impala 690 IndEquit 25 28 — IntrTech 205 210 205 Jennings 526 536 — JohnsPry 1050 — 1060 JonesDav 850 900 860 Jonray 210 215 — Kern 210 — - pf 89 90 89 Leighton 610 620 620 LLease 2500 2800 - MLC 110 — — MartinPr 330 340 335 MayneNic 228 235 230 McPherson 199 — 201 Monier 1100 — — MorrisP — 195 — NZForest 137 140 138 NZICorp — 105 — opt 475 476 475 NatAust 235 — 240 NatCons 942 946 946 NewsCorp 260 — 290 Nicholas — 305 300 OPSM 120 — 123 Oakbridge 75 80 — Olims 260 265 265 PacDunlp 200 201 200 PetersSl 270 271 270 PioneerC

Dividends P/E Year’s Cents Yld% ratio high low 17.00 5.67 13.4 303 280 11.00 4.40 7.9 250 245 7.00 3.50 3.4 — — 19.20 6.44 9.5 302 285 31.00 6.62 4.9 470 442 19.00 6.17 9.7 315 289 20.00 3.45 20.0 580 570 30.00 2.78 12.8 1085 980 11.00 5.24 10.0 220 200 12.50 3.91 18.5 325 310 — — — 40 34 25.00 4.17 8.8 606 586 7.50 3.13 9.2 245 235 5.50 2.68 23.1 220 204 — — — 215 205 14.50 4.46 13.0 320 305 9.75 4.53 20.7 220 215 35.00 3.94 12.2 898 876 10.00 1.44 16.8 730 680 10.00 5.00 11.9 206 178 15.00 4.55 9.6 338 322 16.00 7.27 5.7 220 215 18.00 4.00 11.2 450 435 8.80 1.66 14.7 680 520 — — — 530 530 2.50 .97 43.8 257 210 19.00 3.65 9.8 530 510 14.50 4.92 11.1 295 275 18.00 4.83 14.5 375 358 28.00 3.50 18.1 — — — — — 445 400 7.00 1.40 27.8 506 500 21.00 4.67 9.9 450 425 —— — 47.6 198 182 10.00 4.55 11.7 229 220 20.00 6.67 8.9 310 300 — — —- 140 130 11.50 6.69 8.5 172 170 — — —- 195 170 4.20 .79 18.1 560 470 13.50 1.89 15.0 720 670 8.75 3.80 8.8 — 16.10 6.31 6.3 260 245 7.56 8.49 5.0 90 90 20.40 9.15 10.9 225 217 19.36 9.09 — . 213 210 10.00 4.17 11.4 — — 15.00 5.00 11.2 300 300 — 10.1 90 85 22.00 6.92 10.1 340 315 18.75 3.63 16.6 516 500 11.00 5.85 8.8 190 181 12.50 7.02 8.6 195 172 16.00 6.96 9.7 240 228 5.27 5.27 19.0 100 95 10.54 3.18 7.6 80 80 — — — 120 110 10.00 1.45 25.9 750 620 2.75 9.82 9.7 30 27 10.00 4.88 10.0 205 200 24.00 4.56 9.7 540 526 30.00 2.83 10.9 1060 1040 — 860 780 5.00 2.38 21.0 220 210 1.07 .49 — — — 12.00 3.48 6.5 90 89 30.00 4.84 10.9 634 578 75.00 2.75 25.6 — — —— — —— —— 15.50 4.63 10.1 340 330 11.50 5.00 10.8 230 205 11.00 5.47 8.6 201 198 37.50 3.41 9.5 —<• —.- 10.15 5.49 8.3 185 180 5.95 4.31 10.7 142 135 —— — — —- — 27.50 5.79 5.4 478 442 13.00 5.42 8.4 240 218 9.00 .95 12.6 956 900 10.00 3.45 13.9 290 240 12.00 4.00 15.9 305 295 — — — 123 115 5.00 6.67 8.3 75 75 11.50 4.34 9.9 270 260 13.00 6.50 7.9 202 175 12.50 4.63 10.2 278 260 >

145 150 147 PioueerS 6.00 4.08 20.1 150 145 610 —. 650 QBE 20.00 3.08 10.0 650 610 370 —- 372 Reckitt 19.00 5.11 9.6 375 350 - 150 152 150 Repco 10.00 6.67 15.8 156 150 200 217 210 RobJones 4.30 2.05 14.9 220 185 , 620 630 620 Rothmans 23.50 3.79 7.0 620 620 470 480 470 SmlthHwd 22.50 4.79 18.7 470 450 ‘ —— 165 168 Stockland 14.80 8.97 11.1 168 165 218 — 218 Sunshine 5.00 w 24.5 220 212 264 265 264 TNT 12.00 4.55 10.1 270 248 200 —— 200 Taubmans 11.00 5.50 7.7 200 190 540 550 540 Tooth 35.00 6.48 11.6 540 530 , 360 390 370 UnionC 18.00 4.86 12.5 370 340 —■ 250 — Vapocure 1.87 .75 39.4 270 250 * — 100 100 Vestcorp 2.50 2.50 13.2 100 95 ‘ 35 36 35 Walton — —• 42 35 250 260 — Wattle 12.60 4.85 9.5 260 260 140 145 — WaughJos 8.00 5.71 9.3 143 140 1330 1350 1330 WfleldHl 15.00 1.13 33.6 1330 1320 452 453 452 Westpac 27.00 5.97 6.2 468 450 550 580 550 Whitelnd 10.00 1.82 29.5 550 495 340 342 340 Woolworth 16.00 4.71 10.9 345 340 355 360 — Wormaid 20.00 5.56 10.2 360 345 920 950 940 Aberfoyle — — 70.0 950 840 020 — — Allstate •— — 020 020 129 130 130 Ashton — —. 26.5 130 114 014 016 — AostDevl — — — 015 015 575 580 580 BellRes 30.00 5.17 8.3 600 510 208 210 206 Bouganvie 5.00 2.40 55.5 210 190 730 734 734 CNGold 35.00 4.77 15.1 744 620 580 586 586 CRA 10.00 1.71 .97.7 598 550 170 175 175 CarrBoyd — — —- 178 150 — — - CMI 18.00 5.14 7.5 — 750 — — ConsRtle 34.00 4.42 14.1 — 330 — 325 Cudgen 12.00 3.64 13.8 325 265 162 165 162 ERA 10.00 6.17 11.7 165 162 370 375 375 Emperor 4.00 1.07 378 310 900 — 900 GMKalg 50.00 5.56 16.7 900 800 030 031 030 HUI 50 — — — 032 026 550 560 550 Kidston — —— —. 580 490 289 290 290 MIM 3.00 1.03 80.6 292 268 037 040 040 MetalsEx — 80.0 040 036 — 026 - MidEMin — — ■ 026 026 220 228 225 Niugini — — 88.5 230 210 244 245 245 NorthBH 6.00 2.45 35.5 260 230 315 325 315 NthFlndr — — — 325 290 175 176 176 PancontM — — 40.1 182 170 105 — — Paringa — — - 65.6 105 100 —— 020 — opt — —— —• •— 528 530 530 Peko 10.00 1.89 14.9 530 490 2500 — 2500 Placer —- — — 2500 2480 —— 290 290 Poseidon 10.00 3.45 14.5 295 260 148 150 149 QldCoal 20.60 3.83 7.2 151 144 520 530 520 RGC 10.00 1.92 33.5 520 495 255 260 253 Southland — — 260 240 017 019 — SthnPac — — — 017 017 355 357 357 WMC 6.00 1.68 32.2 362 318 152 155 155 WestSand 8.00 5.16 15.5 155 148 250 260 260 WhimCrk 10.00 3.85 — 265 235 165 175 170 AOG — — 175 145 265 270 265 AmpoIExp — — 9.8 265 250 070 073 072 Beach — —. 073 065 220 222 220 Bridge 3.00 1.36 18.6 220 205 121 122 121 Claremont 5.00 4.13 5.6 124 115 185 192 187 Crusader 2.50 1.34 11.0 187 180 205 210 208 Hartogen 7.00 3.37 10.4 210 200 230 235 230 Magellan — —- — 250 220 010 Oil 011 Magnet — — 011 010 012 013 013 Offshore ■ — — — 014 012 037 038 038 OilSerch — — — 040 037 023 024 023 PancontP — — 024 023 075 077 076 PekoOil — — — 080 076 540 544 544 Santos 18.00 3.31 12.4 556 536 305 310 310 Vamgas 8.00 2.58 14.8 320 275 680 700 700 WeeksPet —- — 11.9 700 670 115 120 120 Woodside — — 84.6 120 118