AUSTRALIA Slightly firmer close

Press, 24 April 1986, Page 27

AUSTRALIA Slightly firmer close

NZPA Sydney Australian sharemarkets closed slightly firmer as solid buying in BHP and bargain hunting in mining stocks offset profit taking in the industrial sector, brokers said. Near the close, the allordinaries index had climbed 0.3 points from Tuesday's close to 1206.9 after falling to a 1204.7 low in earlier business. The all-industrials ended 5.6 down at 1967.5, while the all-resources gained 4.4 to 632.4. The gold index dropped 11.3 to 901.1. National turnover was 70.5 M shares worth sAustlo9.oM, with falls outnumbering rises 272 to 234. BHP gained 8c in the first hour and closd 10c higher at 744 on market speculation' that John Spalvin’s Adsteam may lift its stake in BHP by about 15 per cent. Adsteam shed 15c to 1335 while BHP ally Elders IXL also lost 15c to 435. Bell Resources, which said it may increase the offer price for BHP, gained 10c to 430 while the Bell Group lost 10c to 790. CRA gained 2c to 666 after peaking at 672, and CSR rose 4c to 322. Profit-taking continued in the industrial sector, although there was evidence of renewed buying interest. Orbital engine manufacturer Sarich lost 50c to 1200, Westfield the same to 2200, Lend Lease 14c to 936 and Brambles 12c to 684. FAI closed steady at 760 after falling to 730, Ariadne gained 14c to 285 and North BH 6c to 212. NZI closed steady at 150 after peaking at 155 on turnover of 10.4 million shares, including a special of 9.9 M at 160. Winterbottom lost 1c to 34 inspite of a special of 4.0 M shares. Banks finished firmer on balance. Westpac led the field with a 6c rise to 622,

followed by the ANZ, up 2c to 620, and the National, down 2c to 642.

Closing quotes Last Industrial Buy Sell sale ACI 360 — 360 AGC 330 340 — ANI 336 338 338 ANZ 618 620 620 APM 365 375 365 AWA 560 568 568 AdelStm 1320 133Q 1335 Ad’tiser 300 305 305 AlliedMl 440 — 460 Alpha 42 45 42 opt 20 24 22 Ama til 800 826 810 Ampol 240 242 240 Argo 290 — — Ariadne 283 285 285 Arnotts 425 430 425 AFound 220 225 220 BHP 744 746 744 BankQld 350 — — BellG 800 820 800 ctg 1650 — — BondCorp 338 — 338 Bora! 490 495 490 Brambles 680 690 684 Brierley 425 440 440 Bundaberg 272 273 272 BurnsP 660 666 660 CIG 342 — 345 CSR 320 322 322 Cadbury 455 480 460 Chase — 800 800 Claradeen 115 120 120 Clyde 190 195 190 Clyde-Wd 295 300 300 opt 190 200 195 CoalAIl 440 450 440 ColesM 596 598 596 Comalco 230 235 230 EDunlop 360 365 360 Eastcourt 85 88 88 Elders 430 435 435 Elders opt87 340 360 350 Email 230 235 230 Equitcorp 167 170 170 FA! 766 770 766 Fairfax! — 700 690 FeltexNZ — 250 — Fielder 392 395 395 Fletcher 315 320 315 Fortuna 100 — — GPT 252 260 255 GGotch 315 320 320 Hanimex 78 80 78 Hardie! 330 335 332 Herald 640 — 640 Hitek — 158 155

Hooker 224 225 k225 Humes 210 220 210 UProp 1800 — 1820 ICI 260 262 260 lELGrwth 95 — 95 lELIncme 90 95 95 Impala — 98 98 IndEquit 884 890 890 IntrTech 32 35 35 Jasco 186 195 — Jennings 215 220 218 Jones Dav 1500 1520 —— Jonray 1450 1550 — Kern — 202 202 Keywest dd 690 760 700 Leighton 75 81 80 LLease 920 930 930 Linter 530 550 540 MartinPr 133 135 135 MayneNic 337 342 340 McPherson 255 260 255 Memtec 245 255 — Monier 245 250 245 NZFor 205 210 205 NZICorp 150 153 150 opt 110 —— 112 NatAust 640 642 642 NatCons 315 320 315 NewsCorp 1875 1880 1880 Nicholas 350 355 OPSM —- 340 — Oakbridge 88 90 88 PacDunlp 380 382 382 Parbury 180 190 190 PetersSl 225 230 226 PioneerC 292 295 295 Pioneers 168 170 170 QBE 850 900 — Reckitt 420 ' 430 425 Repco 198 199 198 Rheem 362 365 362 RobJones 305 315 310 Rothmans 880 890 880 Rothwells 850 860 850 SmithHwd 455 458 455 Sunshine 235 240 — TNT 404 405 405 UnionC 440 450 —— UnityCrp 740 770 760 Vapocure 245 250 — Vestcorp 73 75 73 Viking 105 108 105 SValton 33 35 33 SVattie 260 — — SVfieldHl 2100 . 2200 : 2200

Westpac 622 624 622 iVoolworth 342 345 342 Wonnald 375 MINING 380 380 Aberfoyle 820 850 850 Ashton 160 162 160 AustDevl 26 30 27 BellRes 430 — 430 Bouganvle 252 255 255 SNGold 764 770 770 2RA 664 666 666 2a rr Boyd 120 125 — SonsRes 5 7 7 EonsRtle — 850 — ERA 168 170 170 Emperor — 320 — jMKalg — 760 760 311150 22 23 23 Kidston — 570 570 Kitchener 73 75 — MIM 238 240 240 WetalsEx 32 35 32 VorthBH 213 215 213 Otter 40 45 —• PancontM 185 190 190 Paringa 125 130 125 Peko 526 530 530 Placer — 2300 — Poseidon — 245 240 JldCoal 140 142 140 PGC 540 — 540 IthnPac 17 18 16 Technomin 28 30 30 WMC 325 328 325 WestSand 210 220 215 WhimCrk 240 OILS 245 240 AOG 175 180 175 AmpolExp 190 195 — Beach 62 63 63 Bridge 130 133 133 Claremont —■ 95 95 Crusader — 145 142 dominion 75 78 78 lartogen 175 180 175 Magellan 112 115 —-- Magnet 6 7 — Offshore 7 8 8 OilSerch 29 31 31 PancontP 12 13 13 PekoOil 85 86 85 Santos 365 375 370 Vamgas 210 215 215 WeeksPet 750 800 — Woodside 99 101 99