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AUSTRALIA Sixth consecutive record

NZPA-AAP Sydney Australian share markets reached their sixth consecu-tive-record close as general bullishness combined with a shortage of stock buoyed prices, across the boards. BHP rose to record levels on speculation of another bid by Bell Resources or Elders IXL. Media stocks also remained firm, although there was selective profit-taking as investors awaited developments in the take-over battles for Herald and Weekly Times and Queensland Press. Rises outpaced falls 383 to 209 as national turnover reached a high 127.2 million shares worth sAust2ol.l million. BHP closed 12c higher at 924 and reached a record 936, adjusted for bonus issues, in earlier trade. Bell Resources gained 28c to 470 on turnover of 3.1 million shares, its parent the Bell Group rose 50

.Closing quotes Last Industrial Buy Sell sale ACI 406 410 406 AGC 330 — 335 ANI 320 325 323 ANZ 590 594 590 AWA 710 720 720 Adel Stm 1420 1430 1430 Ad'tiser 550 560 550 Alpha 35 40 40 opt 24 30 — Amatil 930 — 932 Amcor 430 432 430

Ampol 272 — 275 Argo 360 360 Ariadne 346 347 347 Arnotts 530 — 530 A Found 260 — 260 Aust Ovrs — 58 — opt 19 20 20 BHP 920 924 924' Bank Qld 270 — — Barwon — 80 80 Bell G 980 986 986 pref 2600 — — Bond Corp 280 282 282 Boral 455 460 460 Brambles 818 820 820 Brierley 492 495 495 Bundaberg 235 245 — Burns P 910 920 920 CRP Tr 55 — — CIG — 500 500 CSR 368 370 372 Cadbury 223 225 225 Carricks 150 — 150 Chase Crp 560 570 570 Claradeen 135 —— —— Clyde 183 185 180 Coal AU 510 526 520 Coles M 616 620 616 Comalco 232 —— 230 Deak Morg 140 145 150 E Dunlop 415 420 — Eastcourt 80 —— —— Elders. 478 480 478 Email — 290 —— Equitcorp 142 143 143 Euro-Nat dd 400 430 400 FAX 856 860 856 Fairfax J 1150 1160 1150 Feltex NZ 340 360 — Fletcher 430 440 Fortuna 235 240 GPT 270 275 270 Goodman 480 490 480 HDFI 150 155 150 Hanimex 170 180 170 Hardie J 420 425 420

Herald Hitek 1360 1365 1365 120 125 —- Hooker 305 320 305 Humes 295 300 —- I I Prop 1950 2000 — ICI 325 — 325 IEL Grwth 105 125 IEL Inane 105 120 — Ind Equit 586 588 588 Jasco 185 — Jennings — 200 200 Jones Dav 1390 — 1390 Jones Rbt dd 255 250 Jonray 400 405 400 Kern 255 262 260 Lrchhill 225 — 230 opt 115 125 — Leighton 82 — 82 L Lease 1050 1055 1055 Linter 630 640 640 Mayne N 400 410 400 McPherson 265 275 265 Memtec 440 — 440 Monier 230 — 230 NZ For 315 320 315 NZI Corp 185 190 186 Nat Aust 598 —— 598 Nat Cons 350 — — News Corp 1920 1930 1930 OPSM 370 375 370 Oakbridge 57 62 61 Pac Dunlp 410 —■ 410 Parbury 188 — 182 Peters Si — 242 240 Pioneer C 312 313 312 Pioneer S 150 153 — QBE 870 890 890 Renouf 210 215 210 Rheem 405 Rothmans 1200 — —— Rothwells 345 350 350 Smith Hwd 506 510 510 Sunshine 300 305 305 TNT 420 —- 420 Union C 510 550 — Unity Crp 350 — 350

Vapocure 270 280 270 Vestcorp 98 100 98 Viking 100 102 102 Walton 32 33 33 Wattle 505 — 510 Wfield Hl 3400 3450 3450 Westmex 225 230 230 Westpac 500 502 500 Woolworth 390 395 390 Wormaid 410 425 AberfOyle 1120 1140 1130 Ashton 290 295 290 Aust Devi 350 355 350 Bell Res 470 470 Bouganvle 313 315 313 CN Gold 1540 1590 1580 CRA 758 762 760 Carr Boyd 160 168 — Cons Res —— 9 9 Cons Rtle 684 —— — Coronet 215 220 220 Dominion 100 105 100 ERA 185 190 190 Emperor dd 620 626 630 GM Kalg 1640 1650 1650 Hill 50 85 ■—- 85 Kldston 756 77Q 760 Kitchener 68 73 70 MIM 235 —— 240 Metals Ex 90 92 92 North BH 255 260 260 Otter 65 —— — Pancont M 270 272 270 Paringa — 280 .280 Peko 600 610 614 Placr Dev 3250 — 3250 Placr Pac 245 248 248 Poseidon 576 580 580 Qld Coal 159 160 160 RGC 960 980 970 Sthn Pac 19 22 —— Technomin 40 42 42 WMC 584 590 584 West Sand 265 270 265 Whim Crk 600 — 600 AOG 240 245 240 Ampol Exp 340 — 340 Beach 66 67 67 Bridge 92 95 94 Claremont 73 74 73 Crusader 185 200 — Hartogen 320 325 320 Magellan 195 200 195 Magnet 7 8 8 Offshore 8 9 9 Oil Serch 99 100 100 Pancont P 16 18 19 Peko Oil 120 122 122 Santos 455 460 455 Vamgas 305 308 310 Weeks Pet 900 950 —— Woodside 152 154 152

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19870107.2.142.20

Bibliographic details

Press, 7 January 1987, Page 29

Word Count
777

AUSTRALIA Sixth consecutive record Press, 7 January 1987, Page 29

AUSTRALIA Sixth consecutive record Press, 7 January 1987, Page 29

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