AUSTRALIA Markets rise again
NZPA-AAP Sydney A stronger gold sector and selective buying among quality industrials pushed national share markets back into record breaking territory. Trading opened cautiously firm following an almost SUSS rise in bullion overnight, but demand improved in late trading as a flurry of buying orders propelled most gold-related stocks to their day’s highs. Brokers also reported strong support for food, insurance and media stocks on optimism fuelled by a stronger currency. On the mining boards, Kidston and Emperor added 30c each to 800 and 600, Renison rose 10 to 820 and Metana improved 14 to 580. Gold Mines of Kalgoolie eased 10 to 1500. MIM rose 24 to 268 and CRA added 6 to 810. BHP slipped 2 to 858 and Bell Resources lost 10 to 415 while Peko-Wallsend closed 2 higher at 686, after touching 680. Higher world crude prices saw local onshore producers close generally firmer with Santos up 10 to 440 on solid turnover and 5c gains taking Ampol Exploration to 280 and AOG to 220 while Vamgas fell 5 to 275. Interest also focused on Howard Smith, Ltd, with Sydney broker Rivkin placing 3.13-milKon 'Shatvs. The stock closed unchanged at 500. F. H. FatHffibg was among the top 'performers on the industrials boards rising 66 to 590 and Arnotts, which announced it was selling part of its stake in Goodman Fielder, added 10 to 510. Goodman rose 12 to 375. News Corp advanced 80c on overseas demand to a record 3600 and Fairfax was also keenly sought, closing 30 up at 690. FAI climbed 26 to 706, Lend Lease firmed 30 to 1010 and lEL closed 28 higher at 628.
Closing quotes Last Industrial Buy Sell sale ACI 370 372 370 AGC 325 330 330 ANI 287 290 290 ANZ 546 550 548 AWA 620 626 620 AdelStm 1390 1400 1400 Ad’tiser 295 300 295 Alpha 60 62 60 opt 46 48 46 Amatil 800 806 800 Amcor — 395 390 Ampol 280 290 280 Argo 280 300 — Ariadne 333 335 333 Arnotts 510 516 510 AFound 215 220 220 AustOvrs 73 75 75 opt 45 51 45 BHP 858 860 858 BankQld 295 300 — Barwon 65 70 70 BellG 990 — 990 BondCorp 291 292 292 Bora! 425 430 426 Brambles 730 734 732 Brierley 520 528 528 Bundaberg 290 295 290 BumsP 820 826 820 CIG 400 — 400
CSR 310 — 310 Cadbury 240 245 240 Carricks 30 31 30 ChaseCrp 550 556 556 Claradeen 160 —— 170 Clyde 190 192 190 CoalAll 610 630 — ColesM 546 550 546 Comalco 243 247 244 DeakMorg 170 172 172 EDunlop 400 410 400 Eastcourt 80 85 — Elders 506 508 508 opt 450 470 — Email 300 302 300 Equitcorp 166 170 170 Euro-Nat 740 750 740 FAI 706 — 706 Fairfax! 690 — 696 FeltexNZ — 330 — Fletcher 392 410 392 Fortuna — 175 — GPT — 255 255 Goodman . 368 372 372 Hanimex 91 95 92 HardieJ 383 — 385 Herald 766 770 766 Hitek 140 145 140 Hooker 255 256 256 Humes 318 320 320 HProp 2000 2100 —- ICI 270 275 270 lELGrwth 135 140 135 lELIncme 135 140 .—
IndEquit 620 628628 Jasco 180 190 — Jennings 190 195 195 JonesDav 1260 — 1260 JonesRbt 790 800 800 Kern 205 210 205 Lrchhill 220 230 225 opt —■. 110 —— Leighton 68 70 68 LLease 1000 1020 1010 Linter 676 690 680 MayneN 320 330 — McPherson 250 260 260 Memtec 350 360 355 Monier 205 208 208 NZFor 225 — 225 NZICorp 163 165 163 NatAust 550 556 550 NatCons 300 305 300 NewsCorp 3600 3650 3600 Nicholas 380 — — OPSM 345 350 350 Oakbridge 85 88 85 PacDunlp 360 365 360 Parbury 150 160 — PetersSl 220 225 220 PioneerC 298 300 300 Pioneers 145 150 148 QBE 700 — 700 Reckitt 636 640 636 Renouf 160 165 165 bndsl 160 — — Rheem —■ 362 — Rothmans 1000 1030 1010
Rothwellsdd 404 410 410 SmithHwd 500 — 500 Sunshine 335 340 335 TNT 370 375 370 UnionC 530 —— —•* UnityCrp —• 485 485 Vapocure 360 365 360 Vest corp 105 110 105 Viking 80 85 80 Walton 31 33 32 Wattie 290 — 290 WfieldHl 2800 2900 2800 Westmex 220 227 225 Westpac 470 472 470 Woolworth 378 380 378 Wormaid 435 440 435 Aberfoyle 1050 1060 1050 Ashton 238 240 240 AustDevl 205 — 205 BellRes 415 418 418 Bouganvle 320 325 325 CNGold 1580 1600 1580 CRA 808 812 810 CarrBoyd 140 145 140 ConsRes 7 8 7 ConsRtle 650 —- 650 Dominion 85 87 87 ERA 160 — 160 Emperor 600 610 600 GMKalg 1500 — 1510 HU150 70 71 68 Kidston 790 — 800 Kitchener — 85 85 MIM 265 268 268 MetalsEx 108 109 110 NorthBH 270 275 270 Otter 65 68 65 PancontM 296 300 295 Paringa 260 — 265 Peko 686 690 690 PlacrDev 3390 3600 — PlacrPac 305 308 305 Poseidon 455 460 460 QldCoal 190 195 190 RGC 820 840 820 SthnPac — 20 18 Technomin 42 45 45 #MC 499 500 500 WestSand 230 235 ..235 WhimCrk 490 500 500 AOG 218 225 7.20 AmpolEx 280 290 280 Beach 68 69 68 Bridge 83 —— 83 Garemont 90 95 95 Crusader 195 200 195 Hartogen 235 240 240 L’reach 0 16 -— 16 Magellan 195 — 195 Magnet 13 14 13 Offshore 8 9 9 OilSerch 86 87 87 PancontP 20 21 20 PekoOil 120 122 120 Santos 438 440 440 Vamgas 275 280 275 WeeksPet 950 — — Woodside 102 — 102
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19861022.2.180.8
Bibliographic details
Press, 22 October 1986, Page 42
Word Count
892AUSTRALIA Markets rise again Press, 22 October 1986, Page 42
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in