AUSTRALIA Markets end easier

Press, 10 March 1987, Page 40

AUSTRALIA Markets end easier

NZPA-AAP Sydney Australian sharemarkets closed easier as profit-takers emerged in the wake of a series of record performances last week. Key industrials attracted most selling pressure following strong rises last week, while early selling among gold stocks gave way to qualified support in trading subdued by the closure of Melbourne markets for the Moomba public holiday. Turnovers were subdued by the Melbourne holiday although many Melbourne brokers channeled business through the Sydney market as 102.53 million shares worth sAustl6l.Bl million changed hands with rises outnumbering falls by three to two. Among key industrials, News Corp fell 50 to 2430, BTR Nyiex was off 40 at 1960, Arnotts shed 30c to 520 as 20c gains sent Bell Group to 1020 and lEL to 560. Brokers said financial stocks were also under pressure as hopes that interest rates may ease in the near future appeared to be fading. Among the banks Westpac shed 5c to 460, while 4c declines took National to 544 and ANZ to 542. In the resource sector, BHP was near the top of turnover lists with 3.4 million shares exchanged as investors sought to gain entry to listing of its new gold float. BHP closed steady at 1060. Gold stocks were mixed as many issues overcame early weakness despite a slight weakening in international bullion prices. Among the losers, Central Norseman was down 40c at 1450 and Kidston shed 30c to 740 as Metana rose 50c to 960 and Poseidon rose 22c to 832. Interest in diamond stocks waned after heavy ac-

tivity on Friday Closing Last quotes Industrial Buy Sell sale ACI 392 395 395 AGC 325 335 330 ANI 318 325 323 ANZ 542 544 542 AWA 680 700 696 Acmex 710 — 720 Adel Stm 1440 1450 1440 Ad’tiser 680 690 680 Alpha 030 031 030 opt ——. 025 — Amatil 1080 1085 1080 Amcor —- 495 495 Ampol 323 330 325 Argo 340 — —— Ariadne 337 338 338 Arnotts 500 550 520 A Found — 265 —— Aust Ovrs 058 060 060 opt — 016 016 BHP 1055 1060 1060 Bank Qld 295 300 — Barwon 065 070 065 Bell G 1015 1020 1020 Bond Corp 280 282 282 Boral 488 490 490 Brambles 864 870 870 Brierley 363 365 363 Bundaberg 235 240 235 Bums’P 1000 1020 1020 C.R.P. Tr 055 — — CIG 380 — 380 CSR 378 380 378 Cadbury' 282 287 285 Chase Crp 450 460 450 Claradeen —. 130 — Clytn Rob — 820 820 Clyde 202 205 202 Coal All 450 452 450 Coles M 650 — 650 Comalco 272 275 272 Coron Res 100 100 Deak Morg 165 168 165 E Dunlop 410 — 415 Eastcourt 065 —— 068 Elders 500 502 502 del 495 —— —■ Email 305 310 305 Equitcorp 131 132 131 Euro-Nat 380 390 390 FAI 1060 1070 1060 Fairfax J 1460 1480 1470 Feltex NZ — 340 — Fletcher 470 — —— Fortuna 230 235 230 GPT 275 278 275 Goodman 455 465 460 H.D.F.I. 140 145 — Hanimex 155 170 155 Hardie J 450 —— 450 Hitek — 105 105 Hooker 366 368 368 Humes 290 292 292 I I Prop — 2050 2050 ICI 355 360 355 IEL Grwth 100 —— — IEL Incme —- 124 —— Ind Equit 560 564 560 Jasco 200 —— 210 Jennings 175 180 175 Jones Dav 1750 1780 1750 Jones Rbt 140 145 145 Jonray 350 370 — Kern 268 268 Lrchbill 299 300 300 opt 150 170 — Leighton 093 095 093 L Lease 1240 1250 1250 Linter 810 —. 810 Mayne N 442 445 442 McPherson — 285 280 Memtec —— 580 580 Monier 250 252 252 NZ For 320 325 320

NZI Corp 185 187 185 Nat Aust 542 546 544 Nat Cons 410 — 410 News Corp 2430 2440 2430 OPSM 370 380 370 Oakbridge 055 056 056 Pac Dunlp 506 508 508 Parbury 170 190 — Peters Si 245 255 245 Pioneer C 360 362 360 Pioneer S 180 193 180 QBE 1070 1100 1080 Renouf 210 215 215 Rheem 440 — 440 Rothmans 650 — 650 Rothwells 360 365 360 Smith Hwd 496 500 500 Sunshine 295 300 295 TAG Pac 072 075 075 TNT 478 480 478 Union C 600 610 600 Unity Crp 275 285 280 Vapocure — 220 220 Vestcorp 135 140 140 Viking 072 074 072 Walton — 050 042 Wattle 500 — 500 Wfield Hl 3700 3900 3800 Westmex 250 250 Westpac 460 462 460 Woolworth 360 365 360 Wormaid 410 415 410 Aberfoyle 1100 1150 1150 Ashton 398 400 400 Aust Devi 440 450 440 Bell Res 455 460 460 Bouganvle 315 318 315 CN Gold 1450 1470 1450 CRA 700 706 700 Carr Boyd 155 158 157 Cons Res 006 007 006 Cons Rtle 780 800 780 Dominion 163 165 163 ERA 178 180 180 Emperor 760 —— 760 GM Kalg 2290 2300 2290 Giant Res 365 380 370 Hill 50 106 107 107 Kidston 740 750 740 Kitchener 090 095 090 MIM 235 238 236 Metals Ex 104 105 104 North BJ 245 250 248 Otter — 085 085 Pancont M — 342 340 Paringa — 340 340 Peko 610 616 610 Place Dev —— 4450 —— Placr Pac 234 238 235 Poseidon 826 — 832 Qld Coal 146 147 147 RGC 1290 1300 1290 Sthn Pac 021 024 — Technomin —— 058 058 WMC 614 618 618 West Sand 315 320 320 Whim Crk 760 770 770 AOG — 265 265 Ampol Exp 345 350 345 Beach — 062 062 Bridge 128 130 130 Claremont 082 084 083 Crusader 180 185 185 Cultus 075 080 070 etg — 060 — Expo dd — 110 110 Hartogen 288 295 290 Magellan 175 180 180 Magnet 009 010 010 Oil Serch 085 088 085 Pancont P 016 — — Peko Oil 112 115 112 Petroz 010 011 on Santos 408 410 408 Vamgas — 280 — Weeks Pet 850 —— — Woodside 185 190 185