Aust. returns to highs

Press, 10 January 1987, Page 29

Aust. returns to highs

NZPA-AAP Sydeny Australian share markets closed at record levels as investors returned to the market after taking profits on Thursday. Brokers reported gains across the boards, with selected industrial, resource and gold stocks attracting the most support Larry Adler’s FAI Insurances made the strongest advance following disclosure of its 7.4 per cent stake inU.K. merchant bank Hill Samuel Group pic. Brokers said the market was obviously not expecting News Corp’s increased $l5 a share offer for Herald and Weekly Times, which was announced just after the close of trading. Herald shares gained only 5c to 1355, Fairfax rose 5 to 1205, Queensland Press closed steady at 2000 after reaching 2030 and Advertiser

slipped 20 to 580. News Corp dropped 30 to 18.45 on turnover of 1.5 million shares, including a special sale of 125 million by broker J.B. Were at 19.20. Elsewhere, Bond Corp advanced 9c to 285 on heavy turnover, Boral rose 12c to 470, Woolworths 10 to 400, Coles Myer 6 to 248 and ICI 10 to 340. BHP finished 4c up at 928 after reaching 932, with 1.4 million shares traded. CSR put on 8 to 364 and Peko Wallsend 6 to 620. Elders IXL gained 10c to 485 while Bell Resources was unchanged at 470. First Investor Resources rose 10c to 80 as 4 million shares traded in a special sale at 72c. On the mining boards, Aberfoyle jumped 50c to 1200 and Barrack Mines 70 to 1080, Kidston rose 26 to 790 and Poseidon 10 to 560 c. WMC put on 10 to 600, with 1.3 million shares traded.

Closing quotes Dividends P/E Year’s Buy Sell Sale Cents Yld% ratio high low 405 410 405 ACI 17.00 4.20 15.9 410 405 335 340 340 AGC 11.00 3.24 10.7 340 330 315 320 320 ANI 16.50 5.16 10.4 330 310 596 600 598 ANZ 31.00 5.18 7.8 600560 700 712 700 AWA 20.00 2.86 17.5 720 700 — 1430 1420 AdelStm 34.00 2.39 10.8 1450 1380 580 588 580 Ad*tiser 11.00 1.90 27.4 620 475 35 38 35 Alpha 1.00 2.86 9.7 40 35 — 20 20 opt — — — 24 20 910 930 920 Amatil 29.00 3.15 11.5 960 910 440 —— 440 Amcor 20.00 4.55 13.0 440 400 270 272 270 Ampol 7.50 2.78 9.3 280 270 360 375 — Argo 12.00 3.33 31.9 360 350 342 345 342 Ariadne 7.50 2.19 21.5 350 335 550 560 550 Arnotts 15.50 2.82 20.5 550 530 270 272 271 AFound 10.25 3.78 24.4 275 245 58 60 58 AustOvrs .50 .86 66.7 58 56 — 20 — opt — — —— 20 19 926 928 928 BHP 37.50 4.04 11.7 940 884 270 276 — BankQId 15.00 5.43 11.2 276 275 — 77 75 Barwon .50 .67 89.3 80 70 992 996 992 BellG 10.00 1.01 14.0 1030 900 2800 — — Pf 39.00 1.39 — —— 282 ——■ 285 BondCorp 10.00 3.51 6.2 285 255 470. — 470 Boral 16.50 3.51 14.0 470 455 784 790 790 Brambles 21.50 2.72 14.3 826 770 485 490 490 Brierley 8.00 1.63 10.5 500 480 240 — 240 Bundaberg 6.00 2.50 29.2 240 240 950 966 966 BurnsP 20.00 2.07 15.6 966 900 55 — 55 CRPTr 4.60 8.36 12.0 55 55 498 — 498 CIG 17.00 3.41 15.6 504 495 «364 365 364 CSR 18.00 4.95 15.5 372 352 245 250 250 Cadbury 7.50 3.00 19.3 255 220 168 170 168 Carricks — * 20.0 170 130 530 550 530 ChaseCrp 10.20 1.92 11,5 570 528 — 141 — Claradeen 2.00 1.44 34.8 — — 188 — 185 Clyde 11.25 5.98 11.8 190 180 514 520 520 CoalAll 30.00 5.77 6.9 520 510 614 620 616 ColesM 21.00 3.41 15.5 620 600 245 255 248 Comalco 2.00 .81 — 248 230 140 150 140 DeakMorg 5.00 3.57 14.7 150 140 415 — — EDunlop 18.00 4.24 19.5 425 415 82 82 Eastcourt 6.00 7.32 7.5 82 75 485 488 485 Elders 18.00 3.71 12.0 488 450 275 285 — Email 12.50 4.46 10.4 285 280 142 143 143 Equitcorp 1.00 .70 84.1 145 140 410 460 450 EuroNatd —— — — 470 400 952 956 952 FAI 5.00 .53 14.4 952 840 1205 1215 1205 FairfaxJ 12.50 1.04 26.9 1210 1120 320 340 340 FeltexNZ 11.20 3.29 8.9 340 340 450 —— 450 Fletcher 18.40 4.09 12.4 450 440 — 235 230 Fortuna 8.00 3.48 15.8 240 230 272 275 272 GPT 21.60 7.94 12.6 275 266 485 490 485 Goodman 10.00 2.06 27.4 490 465 158 160 158 H.D.F.I. 8.75 5.54 7.9 158 150 170. 195 175 Hanimex 2.00 1.14 23.3 200 150 425 430 425 HardieJ 22.00 5.18 13.8 430 415 1355 1360 1355 Herald 18.75 1.38 54.3 1385 1350 —• 120 120 Hltek — 1X1 125 120 307 310 307 Hooker 13.00 4.23 10.9 310 288 295 302 300 Humes 13.00 4.33 14.6 300 295 1950 2000 — UProp — — 1950 1950 340 345 340 ICI 16.00 4.71 12.1 340 315 ■ ' —— 105 lELGrowth 5.72 5.45 18.4 105 105 105 115 — lELIncome 11.44 9.95 10.1 — 580 584 584 IndEquit 10.00 1.71 18.5 600, 576 I# 195 190 Jasco 5.00 2.63 12.3 19ft 185 185 195 195 Jennings 10.00 5.13 10.7 210 195

Closing auotes Dividends Cents Yld% P/E ratio Year’s Buy Sell Sale high low 1430 1450 1430 JonesDav 34.00 2.38 9.9 1430 1370 230 235 230 JonesRbt 2.64 1.15 31.4 255 230 420 420 Jonray — — 29.0 430 400 260 265 260 Kern 5.00 1.92 9.3 265 255 225 230 225 Lrchhill 10.00 4.44 3.3 230 215 115 125 — opt «— — 120 120 92 95 92 Leighton — — —— 92 79 1025 1045 1025 LLease 36.00 3.51 16.3 1065 1025 650 680 650 Linter 14.00 2.15 23.7 650 630 400 410 405 MayneN 16.00 3.95 12.7 410 400 280 —— 285 McPhersn 12.00 4.21 13.4 285 265 480 500 480 Memtec — — 11.4 480 430 232 — 230 Monier 11.00 4.74 10.5 235 228 320 330 — NZFor 12.00 3.75 15.0 320 315 186 188 186 NZICorp 6.80 3.66 10.9 186 185 592 596 594 NatAust 29.00 4.88 6.8 610 566 365 — NatCons 15.00 4.11 8.5 365 350 1840 1850 1845 NewsCorp 10.00 .54 20.7 1935 1830 350 360 360 OPSM 12.00 3.33 17.6 370 360 60 61 61 Oakbridge — — —— 65 57 423 —- 425 PacDunlp 12.50 2.94 17.0 425 398 182 190 — Parbury 10.00 5.26 11.7 190 182 245 250 245 PetersSl 15.00 6.12 13.1 245 235 — 312 310 PioneerC 12.50 4.03 13.1 317 300 150 155 150 PioneerS 6.50 4.33 20.0 150 150 870 890 — QBE 21.50 2.42 12.3 890 890 215 220 220 Renouf — — 225 195 430 — — Rheem 17.50 4.07 13.7 415 415 1210 1250 — Rothmans 32.00 2.64 11.1 1210 1200 350 355 350 Rothwells 12.50 3.57 9.6 350 345 510 520 510 SmithHwd 25.00 4.90 15.5 514 500 298 — 300 Sunshine 12.00 4.00 7.7 310 298 403 405 405 TNT 14.00 3.46 12.2 425 400 510 550 530 UnionC 20.00 3.77 13.7 530 510 350 355 350 UnityCrp 9.00 2.57 7.8 370 330 —- 260 260 Vapocure 3.75 1.44 30.0 280 230 95 100 95 Vestcorp 3.00 3.16 10.3 105 95 — 100 95 Viking — — 55.9 105 95 33 — 33 Walton —— — — 33 -.31 520 — — Wattle 12.30 2.37 25.5 520 510 3400 3450 3450 WfieldHl 15.00 .43 87.3 3450 3400 223 229 229 Westmex — — 30.1 230 225 502 504 504 Westpac 28.00 5.56 6.9 506 488 390 — 400 Woolworth 16.50 4.13 13.2 400 390 420 425 420 Wormaid 20.00 4.76 9.1 425 415 1170 1200 1200 Aberfoyle 5.00 .42 63.2 1200 1130 282 285 285 Ashton —— — 62.0 300 268 350 — 355 AustDevl — — — 355 335 470 473 470 BellRes 15.00 3.19 6.1 490 438 315 320 315 Bouganvle 13.52 4.29 26.6 320 312 1550 1560 1560 CNGold 55.00 3.53 16.3 1590 1500 756 — 754 CRA 6.00 .79 42.5 768 740 155 160 155 CarrBoyd 6.00 3.87 15.5 170 155 — — ConsRes — — 10 8 700 700 ConsRtle 27.50 3.93 14.2 700 680 207 210 210 Coronet — — —— 225 195 no 112 110 Dominion — — — 120 85 185 190 185 ERA 10.00 5.41 15.0 190 180 610 600 Emper dd 13.00 2.17 51.7 630 600 1615 1640 1630 GMKalg 60.00 3.68 30.8 1650 1600 85 90 86 HU150 1.50 1.74 77.5 86 79 790 800 790 Kidston 40.00 5.06 19.3 790 720 70 72 — Kitchener — — — 70 70 262 264 263 MIM 4.00 1.52 33.3 265 235 100 102 100 MetalsEx —- — 50.0 101 083 275 277 277 NorthBH 6.00 2.17 31.9 280 250 65 70 65 Otter • — — 65 65 __ ■ 270 PancontM ■ 2.50 .93 14.4 275 260 — 275 — Paringa — 77.8 288 280 620 626 620 Peko 20.00 3.23 10.5 620 590 3570 3550 PlacrDev — —— — 3550 3150 246 247 247 PlacrPac —— — —— 252 237 558 560 560 Poseidon 10.00 1.79 60.0 580 550 168 171 170 QldCoal 23.56 3.86 7.2 175 160 974 980 974 RGC 15.00 1.54 35.7 980 960 20 21 — SthnPac —— — — 20 20 40 41 42 Technomin —— — 42 40 594 600 600 WMC 6.00 1.00 77.9 600 550 265 267 270 WestSand 8.00 3.00 15.0 270 265 596 600 600 WhimCrk 11.00 1.83 — 610 564 245 247 247 AOG — —— 53.7 247 235 372 380 370 AmpoIExp — — 11.8 370 335 69 70 69 Beach — — —— 69 66 95 96 95 Bridge 3.00 3.16 8.1 95 80 79 80 80 Claremont 3.50 4.38 13.3 84 73 185 185 Crusader — — 12.7 190 175 325 330 325 Hartogen — —- 16.4 335 285 195 — Magellan — — ——■ 200 195 9 — 9 Magnet T— . — —— 9 7 8 9 8 Offshore —— — —— 9 8 110 112 112 OilSerch —- —- —— 112 95 18 —— — PancontP —— — — 19 18 122 125 122 PekoOil — — —■ 125 115 455 458 455 Santos 14.00 3.08 7.6 460 415 305 310 305 Vamgas 8.00 2.62 13.4 310 305 900 950 — WeeksPet —n — 10.8 —. — 158 160 157 Woodside — — — 158 150