AUSTRALIA Markets firmer
NZPA-AAP Sydney Australian share markets closed firmer in heavy trading following a better-than-expected August balance of payments deficit. Brokers said fears of higher interest rates, following Moody’s Investor Service downgrading of Australia’s. credit rating to AAI from AAA, sparked early selling pressure among industrials. But demand returned after the balance of payments statistics were released and the currency gathered
strength. Closing quotes Last Industrial Buy Sell sale ACI 360 362 360 AGC 320 340 320 ANI 260 262 260 ANZ 540 544 540 AWA 630 634 630 AdelStm 1170 1200 1200 Ad’tiser 295 300 — Alpha —— 39 35 opt 16 20 16 Amatil —— 756 754 Amcor 350 355 350 Ampol 230 — 230 Argo 290 300 — Ariadne 340 344 344 Arnotts 490 500 490 AFound 200 205 205 AustOvrs 87 100 —— opt 55 61 61 BHP 770 774 770 BankQld 300 330 —— BellG 1050 1060 1060 pref 2400 2500 — BondCorp 298 300 300 Boral 428 430 430 Brambles 620 —— 620 Brierley 550 558 554 Bundaberg 260 265 265 BurnsP — 680 670 CIG 365 380 365 CSR 282 283 282 Cadbury 250 255 — Carricks —— 30 30 ChaseCrp 520 540 530 Claradeen —— 145 — Clyde 185 188 185 CoalAll 460 465 460 ColesM 465 —— 462 Comalco 235 240 238 DeakMorg 127 130 127 EDunlop 420 426 425
Eastcourt 72 75 72 Elders 460 465 460 opt — 450 — Email 245 250 245 Equitcorp 130 132 130 EuroNat 350 355 355 FAI 690 700 700 FairfaxJ 570 —— —— FeltexNZ 280 290 — Fletcher 340 — —• Fortuna 170 180 170 GPT 280 282 282 Goodman 310 320 320 GGotch 385 390 390 Hanimex —— 61 61 HardieJ 350 355 350 Herald 612 620 616 Hitek —— 162 162 Hooker 227 229 227 Humes — 315 315 HProp — 2200 2100 ICI 248 250 250 lELGrwth 145 — 145 lELIncme 145 — 145 IndEquit 740 756 750 Jasco 170 180 — Jennings 180 182 180 JonesDav 1180 1200 1190 JonesRbt 440 465 — Kern ' 'III 185 — Keywest 724 — 730 Larchhill 220 225 225 opt 100 110 100 Leighton 64 65 65 LLease 866 870 866 Linter 510 520 520 MayneN 280 285 280 McPherson 210 215 212 Memtec 260 —- 260 Monier 230 235 230 NZFor 190 200 —— NZICorp 150 152 150 delxo 140 — —— NatAust 570 572 572 NatCons 275 280 NewsCorp 2630 2640 2640 Nicholas 380 —— 380 OPSM 324 330 325 Oakbridge 80 82 81 PacDunlp 330 335 335 Parbury 130 135 135 PetersSl 200 205 202 PioneerC 260 260 Pioneers 125 135 125 QBE 620 — — Reckitt 630 634 630 Rheem 330 335 335 Rothmans 900 910 900 Rothwells dd 378 380 380 SmithHwd 460 465 460 Sunshine 315 320 315 TNT 308 310 310
UnionC 530 —— —— UnityCrp — 510 500 Vapocure 200 —— 200 Vest corp 63 —■• 63 Viking 78 80 Walton 34 35 34 Wattie 290 300 290 WfieldHl 2100 2400 2400 Westpac 488 490 490 Woolworth 305 308 308 Wormaid 430 450 Aberfoyle 880 900 880 Ashton 178 180 178 AustDevl' 55 58 55 Bell Res 465 470 468 Bouganvle 305 —— 308 CNGold 1250 1260 1260 CRA 680 684 686 CarrBoyd 112 115 112 CbnsRes 8 9 9 ConsRtle 440 450 450 ERA 150 152 150 Emperor 360 365 360 GMKalg 1330 1350 1335 Hill 50 49 50 50 Kidston 770 —• 770 Kitchener 85 90 85 MIM 212 215 212 MetalsEx 116 118 116 NorthBH 234 235 232 Otter 48 50 48 PancontM 270 275 270 Paringa 185 190 190 Peko 620 630 620 PiacrDev 3500 3700 3500 Poseidon 350 355 350 QldCoa! 163 — 163 RGC 830 840 830 SthnPac 19 22 —- Technomin 46 47 47 WMC 398 400 400 WestSand 195 210 WhimCrk 340 345 340 AOG 145 150 150 AmpolExp — 250 245 Beach —— 67 66 Bridge ; 88 90 90 Claremont 95 100 95 Crusader 170 175 175 Dominion 62 64 62 Hartogen 205 210 210 L’reachO 15 —— — Magellan 165 168 165 Magnet 7 8 — Offshore 6 7 7 OilSearch 63 64 63 PancontP 12 13 12 PekoOil 95 —— 95 Santos 410 412 410 Vamgas 265 270 265 WeeksPet 900 — 900 Woodside 94 — 95
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Bibliographic details
Press, 12 September 1986, Page 11
Word Count
669AUSTRALIA Markets firmer Press, 12 September 1986, Page 11
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