AUSTRALIA Record levels at close

Press, 19 April 1986, Page 25

AUSTRALIA Record levels at close

NZPA Sydney Australian sharemarkets closed at record levels, but strong demand for a handful of quality industrial stocks was tempered by falls in the mining sector, brokers said. The all-ordinaries index rose 2.3 points from Thursday’s record close to a new peak of 1218.8. The all-indus-trials index gained 12.8 points from Thursday’s record finish to a record 1983.9. The allresources index, however, shed 5.1 points to 640.7, and the gold index dropped 21.9 points to 917.6. National turnover was 63.2 M shares worth sAustl3o.oM with rises outnumbering falls 299 to 213. BHP climbed 2c to 736 after trading between 738 and 730 on turnover of 2.2 M shares. Bell Resources and the Bell Group gained 10 c each to 520 and 810 as speculation about the Bell-BHP-Elders IXL developments persisted. Elders IXL fell 8c to 452 from a high of 455. Heavyweight miner CRA dropped

14c to 686 and CSR slid 2c to 330. Elsewhere on the mining boards, MIM dropped 13c to 242, Western Mining 10c to 332, Bougainville 2c to 268, and Comalco the same to 233. Gold miners also performed poorly as international gold bullion prices stagnated. Gold Mines of Kaigoorlie shed 16c to 770. Emperor 15c to 330, Poseidon the same to 230 and Kidston 10c to 560. Strong institutional demand for a few quality industrial stocks gave support to the allordinaries index. Orbital en-gine-maker Sarich led the field, gaining 90c to 1270 and touching 1290. News Corporation rose 60c to 1910, Amatil 30c to 810, FAI 26c to 776, and Brambles, 20c stronger at 690. Westfield Holdings peaked at 2300 before closing steady at 2250, while profit takers sold Coles Myer down 12c to 608.

Closing quotes Buy Sell Sale 360 362 360 ACI 330 — 330 AGC 340 342 340 ANI 616 618 616 ANZ 370 380 370 APM 564 570 560 AWA 1360 1370 1370 AdelStm 280 310 — Ad’tiser 425 — 430 AlliedMi 40 42 40 Alpha 20 22 22 opt 810 820 810 Amatll 240 245 240 Ampol 290 —• 310 Argo 298 300 300 Ariadne — — — Ariadnedd 415 420 415 Arnotts 220 225 225 AFound 736 738 736 BHP 810 816 810 BellG 1650 — — ctg 348 350 350 BondCorp 497 500 498 Boral 690 700 690 Brambles 420 450 420 Brierley 280 — — Broadland 267 270 270 Bundaberg 690 — 700 BurnsP 340 345 345 CIG 330 330 CSR 460 470 470 Cadbury 740 750 750 ChaseCrp — 130 130 Claradeen 190 — 192 Clyde 270 —— 265 Clyde-Wd 165 170 160 opt 420 430 CoalAll 606 610 608 ColesM 233 — 233 Comalco 85 90 85 Eastcourt 452 455 452 Elders 340 370 — opt 232 235 232 Email 163 165 165 Equitcorp 770 776 776 FAI 700 720 720 FairfaxJ — — — FeltexNZ 365 380 365 Fielder 31'6 — — Fletcher 98 — 100 Fortuna 240 250 250 GPT 312 320 312 GGotch — 82 82 Hanlmex 340 350 348 HardieJ 624 — 630 Herald 220 222 220 Hooker 218 220 220 Humes 270 278 278 ICI 88 — 90 lELGrwth 90 95 90 lELIncme 90 100 100 Impala 854 858 856 IndEquit 28 31 32 IntrTech 215 218 215 Jennings 1520 1535 1530 JonesDav 1400 1450 1450 Jonray 202 — 202 Kern

Dividends P/E Year’s Cents Yld% ratio high low 17.00 4.72 6.1 365 280 11.00 3.33 10.4 340 245 16.50 4.85 13.6 395 285 31.00 5.03 6.5 618 442 19.00 5.14 11.6 370 289 20.00 3.55 19.4 590 540 32.00 2.34 20.2 1680 980 11.00 3.93 13.2 290 200 12.50 2.91 24.9 430 310 — — 63 32 — — 42 18 25.00 3.09 11.9 810 586 7.50 3.13 9.2 255 225 12.00 3.87 27.1 310 255 7.00 2.33 33.7 300 200 — — — 250 198 15.00 3.61 16.5 430 305 9.75 4.33 23.8 235 210 35.00 4.76 12.1 922 614 10.00 1.23 19.6 816 586 39.00 2.36 — 1750 1530 10.00 2.86 20.8 375 178 15.00 3.01 14.5 502 322 21.00 3.04 17.2 710 435 8.80 2.10 14.5 710 360 — —— 9.3 280 260 6.00 2.22 46.0 275 210 20.00 2.86 13.2 700 510 14.50 4.20 13.0 365 275 18.00 5.45 12.8 380 290 13.00 2.77 18.1 500 320 3.40 .45 — 760 400 6.00 4.62 180 112 11.25 5.86 11.3 200 175 — -— 90.0 315 250 — —— — 210 150 20.00 4.76 23.3 522 405 21.00 3.45 13.4 640 425 1.00 .43 — 265 182 6.00 7.06 21.3 90 65 20.00 4.42 13.5 495 300 — — — 380 130 11.50 4.96 11.4 250 170 — — — 195 158 5.00 .64 10.2 780 470 10.00 1.39 16.7 860 670 8.75 3.50 9.6 250 220 9.00 2.47 23.3 380 230 16.10 5.09 9.3 320 225 7.56 7.56 5.6 100 80 21.20 8.48 11.8 260 214 15.00 4.81 11.6 350 300 — — 9.6 98 80 22.00 6.32 11.0 375 315 18.75 2.98 20.3 650 500 12.00 5.45 10.3 235 178 12.50 5.68 10.7 230 172 16.00 5.76 11.8 285 220 5.27 5.86 17.1 100 75 10.54 1.71 8.5 95 75 — — 120 75 10.00 1.17 32.2 864 620 2.75 8.87 10.7 38 27 10.00 4.65 10.5 238 200 32.00 2.09 15.8 1550 1040 — — — 1450 780 5.00 2.48 20.2 225 190

640 650 640 K’west dd 81 83 83 Leighton 966 970 966 LLease 570 — 580 Llnter — — — MartinPr — 356 355 MayneNic 250 260 260 McPhers 255 —- 260 Monter 210 220 — NZFor 142 145 145 NZICorp 100 — — NZI opt 656 658 658 NatAust 320 325 320 NatCons 1900 1910 1900 NewsCorp — 370 370 Nicholas — 355 355 OPSM 88 90 88 Oakbridge 390 400 400 PacDunlp 225 230 225 PetersSl 288 295 288 PioneerC 167 170 167 Pioneers 850 900 850 QBE —- 440 440 Reckitt 190 200 190 Repco 350 370 — Rheem 280 295 280 RobtJones 880 900 — Rothmans 810 860 820 Rothwells 470 475 470 SmithHwd 240 250 245 Sunshine 412 415 415 TNT 440 450 — UnionC 760 770 770 UnityCrp 250 255 255 Vapocure 70 75 75 Vestcorp 100 102 102 Viking 33 35 33 Walton 265 — 265 Wattle 2230 2250 2250 WfleldHl 628 630 628 Westpac 350 352 350 Woolworth 395 400 400 Wormaid 880 900 — Aberfoyle 165 170 165 Ashton 25 26 25 AustDevl 510 520 520 BellRes 265 268 265 Bouganvle — 830 830 CNGold 684 686 686 CRA 138 140 135 CarrBoyd 7 8 8 ConsRes —— 850 — ConsRtle 167 170 167 ERA — 330 330 Emperor 770 780 770 GMKalg 25 27 26 Hill 50 550 554 560 Kidston 241 243 242 MIM 32 33 32 MetalsEx 215 218 215 NorthBH 195 200 195 PancontM — 125 125 Paringa 530 540 530 Peko 2000 2350 — Placer 230 235 230 Poseidon 147 148 147 QldCoal 530 532 530 RGC 16 19 — SthnPac 30 32 30 Technomin 330 332 330 WMC — 225 225 WestSand 244 245 245 WhimCrk 180 187 185 AOG 210 215 210 AmpolExp 62 63 62 Beach 135 138 138 Bridge 100 101 100 Claremont 142 145 142 Crusader 75 78 78 Dominion 165 180 180 Hartogen 110 115 115 Magellan 6 7 — Magnet 7 8 8 Offshore 30 31 30 OHSerch 13 14 13 PancontP 86 87 86 PekoOil 378 382 380 Santos 213 215 213 Vamgas — 810 — WeeksPet — 104 103 Woodside

8.75 1.37 53.7 670 476 — — 6.1 90 63 32.00 3.31 16.9 980 578 14.00 2.41 23.0 580 350 — — —. 115 112 16.00 4.51 10.7 385 330 12.00 4.62 12.2 275 205 11.00 4.23 11.2 260 198 10.15 4.83 9.5 220 155 5.95 4.10 11.2 145 110 «___ —— — 100 90 27.50 4.18 7.5 672 442 14.00 4.38 11.1 325 218 10.00 .53 25.3 1930 900 10.00 2.70 17.7 380 240 12.00 3.38 18.8 360 295 — —— 130 80 12.00 3.00 14.9 405 250 14.00 6.22 8.9 235 175 12.50 4.34 10.9 310 235 6.00 3.59 22.9 175 145 20.00 2.35 13.1 850 610 19.00 4.32 11.3 470 350 10.00 5.26 20.0 200 150 16.00 4.51 13.1 360 280 4.30 1.54 19.9 295 185 28.00 3.18 10.0 900 610 25.00 3.05 12.7 860 600 25.00 5.32 18.7 520 420 12.00 4.90 27.5 255 210 14.00 3.37 15.9 420 248 19.00 4.32 11.4 440 340 8.00 1.04 34.4 1200 400 1.87 .73 40.2 275 210 3.00 4.00 9.9 112 75 —- — — 135 52 — — —— 42 31 12.60 4.75 9.7 280 240 15.00 .67 56.9 2350 1140 27.00 4.30 8.6 630 448 16.50 4.71 11.5 380 328 20.00 5.00 11.3 410 335 5.00 .57 46.3 980 780 — — 35.9 175 114 — — — 26 14 30.00 5.77 8.9 660 430 8.75 3.30 30.3 280 190 40.00 4.82 17.1 1000 620 15.00 2.19 38.5 740 546 — — — 178 135 — — —— 9 5 34.00 4.00 15.5 860 790 10.00 5.99 12.1 183 160 — — — 410 290 50.00 6.49 14.3 970 750 —— — — 34 24 15.00 2.71 24.1 690 490 4.00 1.65 67.2 316 242 — — 64.0 45 28 6.00 2.79 31.2 285 205 — — 44.4 225 170 — — 78.1 125 98 20.00 3.77 15.3 580 485 —— — —— 2600 2200 10.00 4.35 11.5 345 220 23.56 6.03 6.2 158 133 10.00 1.89 34.2 610 495 — — 20 14 — — 42 28 8.00 2.42 29.7 412 318 8.00 3.56 12.6 230 148 10.00 4.08 — 290 215 — — — 187 137 — — 7.8 265 170 — —- — 80 52 3.00 2.17 11.7 222 115 5.00 5.00 4.6 125 88 2.50 1.76 8.4 195 120 — — 90 55 5.00 2.78 9.1 210 150 — — — 250 115 — — 11 6 — — —- 14 6 — — 40 22 24 13 — — — 92 54 20.00 5.26 6.3 556 340 8.00 3.76 9.4 320 190 — — 13.8 860 670 — — — 125 96