AUSTRALIA Bulls ran on industrial

Press, 16 January 1986, Page 20

AUSTRALIA Bulls ran on industrial

PA Sydney Australian sharemarkets closed firmer as the market absorbed the negative news of the last two days andindustrial stocks continued their bullish run, brokers said. At the close of trading the all ordinaries index had risen 1.7 points to 1050.6, the all industrials index had gained 2.4 points to a record 1549.1 and the all resources index had added 1.1 points to 665.6. The gold index lost 5.3 points to 948.8. Turnover was 44M shares worth $66.6M, with falls outnumbering rises by 222 to 181. About 3.3 M Pioneer Concrete shares were crossed, the bulk of them in special sales in Melbourne, providing the highlight oftrading. The stock remained at 270. BHP traded moderately, reaching a high of 896 and a low of 888 before closing steady on 894. Among other market leaders, CSR added 2c to 372 and Bell Resources remained steady on 580. The mining sector eased, but some major miners pulled back earlier losses. CRA closed 4c up at 586, Western Mining 4c down at 356, North Broken Hill 2c down at 248 and Comalco 7c up at 300. Gold-relatea stocks also eased with the exception of Central Norseman, which added 10c to 730. Emperor lost 5c to 355 and Sons Of Gwalia the same to 330. In the oil and gas sector Santos dropped 2c to 534, Magellan 10c to 220, Ampol Exploration 10c to 250 and Peko Oil 1c to 76. FAI was the prime mover on the industrial board, adding 20c to 560, while Lend Lease put on 10c to 640, APA 8c to 660, Johns Perry 4c to 540 and Bond Corp 10c to 210. lEL dropped 14c to 730, Arnotts 5c to 345, Fairfax 6c to 710 and AWA 10c to 570 in thin gtrading. About 2.3 M Comsteel Vickers shares were traded and the stock remained at 135. Major banking stocks traded mixed with the National Australia Bank up 5c to 475, ANZ up 2c to 470 and Westpac off 2c to 457. In share price index futures, active March opened firmer at 1051.0 from a previous close of

1049.6 before trading upwards to close at 1063.9. Closing quotes Last Industrial Buy Sell sale ACI 297 300 300 AGC 245 250 250 AMITyota 180 200 — ANI 300 302 300 ANZ 468 472 470 APM 307 310 307 AWA 560 570 570 AdelStm 1080 1085 1080 Adtiser 222 228 — AlliedMl 320 325 325 Alpha 34 40 36 Amatil 600 618 610 Ampol 240 — 240 Ariadne 204 206 206 Ariadne dd 200 205 205 Arnotts 330 345 345 AFound 210 215 215 BHP 894 896 894 BellG 684 692 684 BondCorp 206 210 210 Boral 336 340 335 BorgW 220 225 — Brambles 440 450 450 Brierley 534 540 536 Bundaberg 245 250 245 BurnsP 510 520 516 CIG 305 310 305 CSR 370 372 372 Cmaine 750 800 — ChaseCrp 420 430 430 CoalAll 508 —— 508 Coles 458 — 460 Comalco 200 205 200 Costain — 220 — Elders 302 305 305 Elders opt 130 140 — Email 176 180 176 Equitcorp FAI dd 180 560 185 185 560 FairfaxJ 700 716 710 FeltexNZ 220 230 — Fletcher 242 255 —- Fortuna 84 89 —- GPT 222 223 222 GPT nts 213 220 220 GUD 230 — — GGotch 300 310 300 Hanimex 88 90 88 HardieJ 330 340 330 Herald 516 —— 516 Hooker 185 186 185 Humes 177 178 178 ICI 235 240 237 lELGrwth — 98 95 lELIncme — 85 85 Impala IndEquit 110 720 115 736 110 730 IntrTech 27 28 — Jennings 205 206 205 JohnsPry 540 550 540 JonesDav 1080 — 1080 Jonray 800 — — Kern 205 210 205 Kern pref — 210 —

Leighton 86 87 87 LLease 630 640 640 MLC 2500 2700 — MartinPr 110 — — MayneNic 335 338 — McPherson 230 235 230 Monier 202 205 203 MorrisP 1105 1120 1120 NZFor 165 170 165 NZICorp — 135 — NZICorp opt NatAust 472 100 475 475 NatCons 245 248 245 NewsCorp 940 944 942 Nicholas 285 290 285 OPSM 325 330 330 Oakbridge 126 130 128 Olims 75 80 75 PacDunlp 255 258 258 PetersSl 205 210 205 PioneerC 270 271 270 Pioneers 145 148 150 QBE 610 —- 650 Reckitt 370 —• — Repco 151 — — RonJones 200 205 205 Rothmans 610 630 630 SmithHwd 475 480 475 Stockland 162 165 162 Sunshine 220 222 222 TNT 263 264 263 Taubmans 200 — 200 Tooth 530 550 550 UnionC 365 — — Vapocure 230 240 230 Vestcorp 95 98 95 Walton 35 36 36 Wattie — 248 248 WaughJos WfieldHl 140 145 — 1330 1350 1350 Westpac 457 458 457 Whitelnd 566 574 570 Woolworth 340 345 340 Wormaid 360 365 360 MINING Aberfoyle — 920 920 Allstate — 20 — Ashton 125 126 125 AustDevl 14 15 —* BellRes dd 576 590 580 Bouganvle 218 220 220 CNGold 720 730 730 CRA 584 586 586 CarrBoyd 160 165 165 CMI 300 — 300 ConsRtle 800 860 860 Cudgen 360 400 370 ERA 162 163 162 Emperor GMKalg 355 900 360 910 355 900 Hill50 30 31 30 Kidston 560 570 570 MIM 295 296 295 MetalsEx 41 42 41 MidEMin 22 26 — Niugini 223 225 223 NorthBH 248 250 248 NthFlndr 335 340 340 PancontM 188 190 190 Paringa — 105 —

Paringa opt86 — 20 — Peko 534 538 536 Placer 2430 2600 — Poseidon 282 285 285 QldCoal 149 150 150 RGC 536 540 536 Southland 250 —— 250 SthnPac 18 19 18 WMC 356 358 356 WestSand 152 155 152 WhimCrk 245 250 245 OILS AOG 165 175 170 AmpolExp 250 260 250 Beach 74 76 75 Bridge 218 220 220 Claremont 115 120 115 Crusader 190 195 —- Hartogen 195 200 195 Magellan — 225 220 Magnet 10 11 — Offshore 12 13 12 OilSerch 38 39 38 PancontP 21 23 23 PekoOil 75 76 76 Santos 534 540 534 Vamgas 300 305 300 WeeksPet 720 — 750 Woodside 115 116 115