AUSTRALIA Firmer in mixed trading

Press, 20 February 1986, Page 26

AUSTRALIA Firmer in mixed trading

•NZPA Sydney Australian sharemarkets closed firmer in mixed trading after record closes on Wall Street and London overnight and a firmer gold price pushing up industrial and gold stocks. Near the close of trading, the all-ordinaries index had risen 2.3 points, the all industrials 0.3 to 1614.4 and the gold index 16.3 to 901,4, but the all-resources index lost 2.6 points to 617.6. Turnover was 47.3 M shares worth $72.1M, with rises outnumbering falls by 225 to 167.

About 1.2 M BHP shares traded and brokers said there was a lack of buying support for the stock. The share price closed 10c down at 690 after reaching 698. Bell Resources put on 10c to 490, the parent company, the Bell Group, added 26c to 690, and CSR lost 4c to 332, Mining stocks were firmer on balance with MIM adding 4c to 252, Western Mining 3c to 345, Peko Wallsend 2c to 518 and Comalco 5c to 205. Elders resources lost 3c to 112.

Gold-related stocks were also firmer with Kidston gaining 20c to 560, Central Norseman 20c to 690, Sons of Gwalia 12c to 362 and Niugini 7c to 185.

Easing world oil prices took their toll on oil stocks. Santos lost 17c to a year’s low of 430 and Bridge oil fell 15c to a year’s low of 165. On the industrial board, J. Gadsden jumped 33c to 370 on news of SA Brewing’s proposed take-over offer and Elders IXL improved 15c to 347 on speculation of an imminent take-over bid.

Elswhere, Coles Myer put on 15c to 450, FAI 14c to 618, Bond Corp 13c to 261, ACI 10c to 320 and Newscorp 5c to 1230. Fairfax shed 10c to 780 and lEL 4c to 714.

Major banking stocks traded mixed with the

National Australia bank adding 3c to 468, the ANZ up 1c to 473 and Westpac down 2c to 453.

Closing quotes Last Industrial Buy Sell sale ACI 320 322 320 AGC 255 260 255 ANI 315 316 317 ANZ 473 474 473 APM 332 335 332 AWA 550 566 550 AdelStm 1180 1200 1180 Ad’tiser 235 240 235 AHiedMl 330 335 332 Alpha 59 60 59 Alpha opt 37 38 37 Amatil 620 636 626 Arnpol 240 250 245 Ariadne 214 218 217 Ariadne dd 210 213 215 Arnotts 350 360 350 BHP 690 692 690 BellG 684 690 684 Bell ctg 1550 —— —— BondCorp 262 265 261 Boral 344 345 345 Brambles 480 485 485 Brierley 560 570 570 Broadland 260 265 Bundaberg 235 237 237 BurnsP 534 536 536 CIG 300 305 —- CSR 332 335 332 Cadbury 365 368 ChaseCrp 475 480 — Claradeen — 130 126 Clyde 175 180 175 Clyde-Wd 285 290 290 Clyde-Wd opt 190 195 190 CoalAll 400 415 405 ColesMyr 448 450 450 Comalco 205 206 206 Eastcourt 65 67 67 Elders 346 347 347 Elders opt 195 200 200 Email 180 185 180 Equitcorp 170 175 175 FAI 618 620 620 Fairfax! 780 790 780 FeltexNZ 220 — —• Fielder 260 270 270 Fletcher 290 295 290 Fortuna 92 94 92 GPT 222 224 224 GGotch 320 — — Hanlmex 87 88 88 Herald 540 550 540 Hooker 179 180 180 Humes 187 . 190 187 ICI 220 230 220 lELGrwth 90 95 — lELIncme 90 95 — Impala 110 108

IndEquit 714 718 718 IntrTech 35 36 35 Jennings 230 231 231 JonesDav 1200 1220 1210 Jonray 900 930 900 Kern 210 211 — Keywest dd 495 500 495 Leighton 75 77 77 LLease 660 668 660 Linter 385 ■ »■— 390 MartinPr no 115 110 Martin dd 115 T— MayneNic 370 372 370 McPherson 218 220 220 Monter 208 210 208 MorrisP 1110 1140 —- NZFor —— 180 —. NZICorp 125 132 125 NZI opt —— 103 — NatAust 466 468 68 NatCons 272 272 NewsCqrp 1225 1235 1230 OPSM 312 315 312 Oakbridge 101 103 103 PacDunlp 280 — 282 PetersSl 225 230 225 PioneerC 260 262 260 Pioneers 163 164 163 QBE 760 800 Reckitt 405 —« 410 Repco 156 157 157 Rheem 305 307 307 RobJones ■210 225 220 Rothmans 720 730 720 SmithHwd 475 — 480 Sunshine 220 225 220 TNT 287 290 288 UnionC 380 400 400 UnityCrp 540 550 550 Vapocure 245 250 250 Vestcorp 110 115 110 Viking 60 65 65 Walton 37 39 37 Wattle 245 • — 245 WfieldHl 1550 —— 1540 Westpac 453 454 453 Woolworth 355 365 360 Wormaid 330 MINING 340 — Aberfoyle 840 850 844 Ashton 129 130 129 AustDevl 15 17 BellRes 490 495 490 Bouganvle 222 225 222 CRA 560 562 560 CarrBoyd 150 155 150 ConsRes 6 7 7 ERA 172 180 175 Emperor 290 —- 290 GMkalg 800 830 800 H11150 27 28 28 Kidston 554 560 560 MIM 252 254 252 MetalsEx —— 30 28 NorthBH 255 258 256 PancontM 183 185 185

Paringa 100 105 105 Peko 518 520 518 Poseidon 230 235 235 QldCoal 135 136 136 RGC 520 530 —— Southland —■ 240 — Technomin 29 30 30 WMC 345 346 345 WestSand 160 160 Whim Crk 220 OILS 225 220 AOG 155 158 155 AmpolExp 190 200 190 Beach 58 63 60 Bridge 160 165 165 Claremont 90 91 91 Crusader 155 160 155 Hartogen 175 —— 175 Magellan 172 180 175 Offshore 10 11 10 OilSerch 27 28 28 PanpontP 20 21 20 PekoOil 58 ’ 60 60 Santos 430 435 430 Vamgas 230 240 240 WeeksPet 800 820 —- Woodside 113 115 113