Australia maintains run

Press, 7 April 1987, Page 31

Australia maintains run

NZPA-AAP Sydney Continued local and overseas demand for leading gold and industrial stocks pushed Australian sharemarkets to record levels yesterday. Gold stocks, which were the driving force behind last week’s record-breaking market, made further strong gains as bullion rose to around 5U5421.50 an ounce in Asia. A record one-day gain on Wall Street on Friday and the prospect of lower domestic interest rates boosted demand for industrial stocks.

National turnover was a heavy 176.9 million shares worth sAust3l4.4 million, with rises outnumbering falls almost two to one.

On the industrials board, investors concentrated on interest rate sensitive stocks such as banks and insurance issues and stocks in the alcohol and tobacco group. Westpac gained 18c to 483, ANZ 14c to 540 and National Australia 12c to 530. FAI put on 20c to 1030 and QBE 50c to 1150.

Resources leader BHP advanced 35c to 1155 and reached a high of’ll6o, North Broken Hill rose 23c to 308,

Closing quotes Last Industrial Buy Sell sale ACI — 410 390 AGC 350 — 350 ANI 322 328 325 ANZ 536 550 540 AWA 696 700 700 Acmex 700 710 700 AdelStm 1190 1200 1200 Ad’tiser 630 642 630 Alpha 24 27 27 opt 8 18 — Amatil 1060 1070 1060 Amcor 455 460 460 Ampol —■ 320 — Argo — 325 — Ariadne 350 352 350 Arnotts — 470 465 AFound 275 280 — AustOvrs 55 — 55 10 13 — BHP 1150 — 1155 BankQld 300 — — Barwon 61 62 61 BellG 1065 1070 1070 pf 3200 — — BellRes 550 552 550 BondCorp 278 283 280 Boral 470 472 470 Brambles 886 890 886 Brierley 330 335 330

Bundaberg 255 260 255 BurnsP 1100 1120 1110 CRPTr — 52 — CIG 385 390 385 CSR 425 427 425 Cadbury — 215 210 ChaseCrp 360 372 370 Claradeen —— 125 —- ClytnRob 580 585 — Clyde 175 181 180 CoalAIl 450 460 450 ColesM 650 — 650 Comalco 310 — 310 CoronRes 130 132 130 DeakMorg 195 210 195 EDunlop 410 420 —— Eastcourt 63 65 65 Elders 540 544 542 del — 540 — Email 330 — 330 Equitcorp 110 115 115 EuroNat 330 350 — FAI 1030 1040 1030 Fairfax! 1520 1530 1530 FeltexNZ —— 320 — Fletcher 480 490 — Fortuna 210 220 210 GPT 285 290 290 Goodman 435 450 450 HDFI 135 150 140 Hanimex 135 140 — HardieJ 475 480 480 Hitek — 98 95 Hooker 320 325 330 Humes 305 — — HProp 2150 — — ICI 405 410 405 lELGrwth 100 — 100 lELIncme 95 101 — IndEquit 530 536 530 Jasco 215 220 —— Jennings 200 210 210 JonesDav 1300 130 1300 JonesRbt 135 138 135 Jonray 320 330 320 Kern 235 240 238 Lrchhill 300 320 — opt — 160 — Leighton — 90 88 LLease 1250 1290 1290 Linter 750 — 750 MayneN 465 — 465 McPherson 285 290 285 Memtec 500 520 —- Monier 260 — 260 NZFor — 280 270 NZICorp 155 1660 160 NatAust 528 530 530 NatCons — 470 470 NewsCorp 2420 2440 2420 OPSM 335 340 340 Oakbridge 78 80 78 PacDunlp 458 460 458 Parbury — 195 190 PetersSl 228 230 230 PioneerC 355 358 355 Pioneers 230 235 235 QBE 1100 — 1150 Renouf 185 190 185 Rheem 430 440 430 Rothmans 690 700 700

Rothwells 350 360 360 SmithHwd 490 — 490 Sunshine —. 280 — TAGPac 60 65 65 TNT 480 485 480 UnionC 650 — 670 UnityCrp — 268 270 Vapocure 170 180 180 Vestcorp 110 118 —' Viking 45 50 55 Walton 44 45 45 Wattie 498 502 —— WfieldHl 3700 3800 — Westmex 290 300 298 Westpac 483 485 483 Woolworth . 350 355 355 Wormaid 335 340 340 Aberfoyle 1450 1500 1450 Ashton 390 395 390 AustDevl 480 490 480 Bouganvle 375 380 380 CNGold 2450 — 2500 CRA 770 780 770 CarrBoyd 225 —- 225 ConsRes 6 7 6 ConsRtle 760 770 760 Dominion 210 220 215 ERA 190 192 195 Emperor 940 950 950 GMKalg dd 820 — 820 GiantRes 430 440 440 H11150 148 150 145 KidstOn 790 800 800 Kitchener 115 — 120 MIM 305 312 310 MetalsEx 160 162 160 NorthBH 308 310 310 Otter 125 130 130 PancontM 365 370 365 Paringa — 475 475 Peko 680 720 700 PlacrDev 4750 — — PlacrPac 330 340 340 Poseidon 1190 1200 1200 QldCoal 135 137 137 RGC 1020 — 1010 SthnPac 45 — 45 Technomin — 50 50 WMC 810 812 810 WestSand 330 340 330 WhimCrk 1050 —— 1060 AOG — 240 240 AmpolExp 425 — 435 Beach 75 76 76 Bridge 165 170 165 Claremont 125 128 125 Crusader — 280 285 Cultus 50 55 — ctg 40 50 — Expo dd 115 120 115 Hartogen 295 —. 295 Magellan 230 234 230 Magnet 10 12 12 OilSerch 105 107 107 PancontP 22 — 21 PekoOil 130 135 130 Petroz 7 8 8 Santos 550 554 554 Vamgas 310 — 320 WeeksPet 950 —- — Woodside — 230 230