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Aust, posts rises

NZPA-AAP Sydney Australian sharemarkets posted modest rises after a late burst of support for industrial stocks overcame early heavy selling among gold issues. Dealers said strong demand for food, banking and media issues spilt over into the resources sector as bargain hunters helped gold stocks retrace early heavy losses. Brokers cited a shortage of quality stock, a stable local currency and hopes for a cut in domestic interest rates as factors boosting demand for industrials.

Closing quotes Last Industrial Buy Sell sale ACI 370 372 370 AGC 320 335 325 ANI 305 — 305 ANZ 554 556 556 AWA ■ . 588 610 604 AdelStm 1305 — 1320 Ad’tiser 300 310 — Alpha 60 62 60 opt 35 40 35 Amatil 790 800 790 Amcor 380 . — 380 Ampol 225 230 226 Argo —— 315 315 Ariadne 328 329 325 Arnotts 500 520 520 AFound 200 — 210 AustOvrs 75 77 77 opt 42 45 45 BHP 860 862 862 BankQld — 300 — Barwon 60 63 63 BellG 1020 1040 1020 pref — 2300 — BondCorp 280 285 '283 Boral 396 — 400 Brambles 720 730 720 Brierley 500 — 530 Bundaberg 295 300 295 BurnsP 770 780 780 CIG 365 370 365 CSR 315 318 315 Cadbury — 245 234 Carricks 30 31 31 ChaseCrp 538 — 540

Claradeen 145 150 — Clyde 185 190 185 CoalAll 600 610 610 ColesM 530 — 532 Comalco 253 258 255 DeakMorg 170 180 175 EDunlop 410 430 — Eastcourt 80 85 —— Elders 497 498 498 opt — 450 — Email 295 300 300 Equitcorp 155 160 158 EuroNat 600 620 600 FAI 620 626 620 FairfaxJ 630 — 650 FeltexNZ 320 — — Fletcher 395 — 400 Fortuna 170 180 170 GPT — 283 283 Goodmann 358 365 360 Hanimex 95 98 98 HardieJ 375 377 375 Herald 766 768 766 Hitek — 145 — Hooker 245 248 245 Humes 325 330 325 UProp —— 2100 —— ICI 277 —-- 277 lELGrwth 142 144 142 lELIncme 142 145 142 IndEquit 748 750 748 Jasco 175 180 175 Jennings 200 — 200 JonesDav 1240 —— 1240JonesRbt 600- — 610 Kern 212 ■ 210 Keywest 770 — — Lrchhill 225 230 225 opt 110 — «— Leighton 63 65 63 LLease 930 934 930 Linter 600 — 600 MayneN 320 — 320 McPherson 230 — —• Memtec 360 370 370 Monier 208 210 208 NZFor 210 212 210 NZICorp 163 — 165 NatAust 556 — 556 NatCons 285 290 285 NewsCorp 3150 3180 3150 Nicholas 380 — 380 OPSM 300 315 310 Oakbridge 85 — 85 PacDunlp 350 355 350 Parbury 150 — — PetersSl 205 210 205 PioneerC 278 280 280 Pioneers 140 145 ‘140 QBE 630 650 640 Reckitt 640 646 640 Renouf 160 170 170 Rheem 365 370 370 Rothmans 940 — — Rothwells dd 360 365 365 SmithHwd 494 500 500

Sunshine 320 332 320 TNT 340 345 340 UnionC 530 — — UnityCrp 480 490 490 Vapocure 230 235 235 Vestcorp 76 78 75 Viking 85 87 87 Walton 33 34 34 Wattie 275 — — WfieldHl 2450 2500 2500 Westmex 235 240 240 Westpac 475 480 475 Woolworth 350 355 350 Wormaid 400 — 410 Aberfoyle 1030 1050 1050 Ashton 225 228 225 AustDevl 190 195 195 BellRes 440 445 440 Bouganvle 332 335 332 CNGold 1640 1650 1640 CRA 790 792 790 Carr Boyd 133 135 133 ConsRes 7 8 7 ConsRtle 500 — — ERA 162 165 165 Emperor 606 610 606 GMkalg 1530 1550 1550 Hil!50 72 73 72 Kidston 786 790 790 Kitchener 75 85 80 MIM 240 242 240 MetalsEx . 118 120 120 NorthBH 260 267 265 Otter 62 — 63 PancontM 312 315 315 Paringa 270 290 270 Peko 650 656 650 PlacrDev 3600 3700 — PlacrPac 285 —- 290 Poseidon 475 480 475 QldCoal 195 197 197 RGC . —— 810 810 SthnPac 20 22 22 Technomin 45 50 — WMC 475 477 477 WestSand 210 215 210 WhimCrk 510 — 510 AOG 178 180 180 AmpolExp 300 — 300 Beach 68 70 70 Bridge 83 84 84 Claremont 105 106 105 Crusader 190 195 195 Dominion 78 83 80 Hartogen 230 235 230 L’reachO 15 — —— Magellan 190 200 200 . Magnet 11 — 11 Offshore 8 9 9 OilSerch • 61 63 63 PancontP 20 21 21 PekoOil 105 108 105 Santos 440 445. 445 Vamgas 270 280 280 WeeksPet 900 — —- Woodside . 98 100 100

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19861014.2.137.27

Bibliographic details

Press, 14 October 1986, Page 33

Word Count
681

Aust, posts rises Press, 14 October 1986, Page 33

Aust, posts rises Press, 14 October 1986, Page 33

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