Aust. ends sharply higher
NZPA-AAP Sydney The Australian sharemarket closed sharply higher yesterday, but off the day’s highs as early scrambling for stocks across the boards was replaced by profit taking. Brokers said strong gains in share price index futures and a modest rise in bullion prices fuelled early optimism in the market. However, profit-takers entered the market in late trade. Turnover was 134.54 million shares worth sAust323.ls million, and rises outnumbered falls by five to three. Blue chip industrial stocks were keenly sought, with both developers and the insurance sector well up.
Closing quotes Last Industrial Buy Sell sale ACI 435 440 435 AFP Invst 265 270 265 AGC 270 285 280
ANI 204 208 208 ANZ 440 445 445 ARABS 300 310 300 opt — 220 AWA 360 365 36C Acmex 620 630 630 Adel Stm 838 840 840 Ad’tiser 610 630 Alpha 26 28 28 opt 10 11 Amatil 880 900 900 Amcor 495 500 495 Ampol 310 315 315 Argo 280 290 Ariadne 269 270 270 Arnotts 475 490 475 A Found 140 145 145 Aust Ovrs 58 60 60 opt 15 16 BHP 994 998 996 BT Global 55 60 BTR Nylex 950 — 970 Bank Qld 290 300 295 Barwon 42 44 44 Bell G 830 840 840 pref 3100 — 3200 Bell Res 465 470 470 Bisley new 88 — 90 opt 70 75 — Bond Corp 248 250 248 Bond Med 96 97 98 opt 30 32 30 Boral 532 534 532 Brambles 1020 1040 1020 Brierley 325 330 330 Bundaberg 260 265 265 Burns P dd 480 500 480 C.R.P. Tr — 50 — CIG 420 — 420 CSR 400 402 404 Cadbury 240 250 245 Chase Crp 290 295 295 Claradeen — 108 — Clytn Rob 620 — 624 Clyde 205 — 205 Coal All 450 470 450 Coles M — 730 736 Comalco 390 400 390 Coronet A 113 120 113 Deak Morg — 190 — E Dunlop 410 — 420 Eastcourt 52 55 — Elders 475 478 475 Email 290 296 295 Equitcorp 108 110 108 Euro-Nat 250 300 250 FAI 638 640 640 Fairfax J 500 510 510 Feltex 270 280 — FineMet 245 250 250 bn — 245 — Fletcher 465 — 465 Fortuna 250 —- — GPT 339 340 340 Goodman 413 415 413
H.D.F.I. — 115 115 Hanimex — 125 — Hardie J 400 415 410 Hitek 65 75 70 Hooker 390 395 392 Hugall H — 120 — opt — 45 — Humes 275 288 280 H Prop 2250 2300 2300 ICI 465 — 475 IEL Grwth 100 — — IEL Incme 101 — — I magin T 140 145 — dd — 150 —— Ind Equit 495 500 495 Inter-Pac 295 305 300 Jasco 175 — 180 Jennings 235 240 235 JonesDav 1060 1070 1060 Jones Rbt 160 170 — Jonray 160 190 180 Kern 310 320 310 Kimberley — 200 — opt —— 200 — Lrchhill 268 272 270 opt — 150 — Leda 75 80 78 Leighton 93 95 94 L Lease 1650 1660 1660 Linter 800 — 820 Mayne N 510 514 510 McPherson 120 160 — Memtec 530 540 540 Miniskips 130 150 — Monier 390 415 415 NZ For 300 340 — NZI Corp 175 180 180 Nat Aust 475 480 480 Nat Cons 340 — 340 News Corp 2040 2060 2040 OPSM 300 305 300 Oakbridge 58 60 58 Oceanic 200 — 200 bn — 200 — Pac Dunlp 508 510 510 Parbury — 185 — PetersSl 295 300 295 PioneerC 383 384 382 Pioneers 251 255 255 QBE 600 625 600 ReilCorp 440 450 450 ReilCorp 80 — — Renouf 180 185 180 Rheem 225 — 225 Rocadoln — 25 — Rocadoln 10 — — Rothmans 770 — 800 Rothwells 345 350 — SmithHwd 500 510 500 SthnFarm 750 800 — Sunshine 260 262 262 TAGPac 60 65 63 TNT 520 — 520 Taylor 520 530 520 USMaster 87 90 — UnionC 644 650 644 UnityCrp 100 105 — Vapocure 100 105 105 Vestcorp 140 145 140 Viking 33 35 35 Walton 34 39 34 Wattle 425 — 420 Wattyl 330 340 — del —— 335 — bnd —— 330 — WestCptl 330 345 340 WfieldHl 1030 1050 1030 WfieldTr 215 220 220 Westmex 205 215 210 Westpac 516 518 518 WfldCap 125 130 125
Woolworth 315 320 315 Wormaid 320 325 320 ACMins 710 720 720 Aberfoyle 700 — 690 Ashton 385 390 395 AustDevl 495 500 495 BHPGold 128 130 130 Bouganvie 480 485 480 CNGoid 280 285 285 CRA 1040 1050 1040 CarrBoyd 200 210 210 CityRes 165 172 170 bnd 165 170 165 opt 125 — — ConsRes 5 6 5 ConsRtle — 670 670 Dominion 235 240 235 ERA 270 272 270 EldersRs 300 305 300 Emperor 730 740 740 Forsayth 415 425 425 GMKalg dd 940 950 950 GiantRes 270 275 270 opt 270 275 270 opt 115 120 115 Hill50 215 218 215 JasonMin 245 248 248 J’lana 53 54 54 KiaOra 110 115 —. Kidston 690 — 690 Kitchener — 100 100 KiwiGold 190 210 190 MIM 274 275 275 MetalsEx 185 190 186 Metana 1360 1380 1380 Moruya 65 73 73 Niugini 1550 — 1550 NorthBH 344 350 344 NthKalg 150 155 155 NthFlndr 1470 1480 1480 Otter 60 — 65 PancontM 390 395 390 Paragon 112 115 112 ParagonR 80 85 — opt 87 90 90 Paringa 524 — 530 Peko —- 800 800 PlacrDev 2150 — — PlacrPac 365 — 365 Poseidon 500 510 510 QldCoal 150 153 152 RGC 1080 1090 1080 SnsGwlia 1200 — — Spargos 78 80 80 bn 80 — 80 Ct 45 47 45 SthnPac 60 65 — Technomin — 40 38 WMC 740 744 740 WalMin dd 218 220 220 WestSand 225 230 225 WhimCrk 1020 1030 1030 AOG 240 250 240 AmpolExp 530 — 540 Beach 72 75 72 Bridge 165 170 165 Claremont 112 115 115 Crusader 305 310 310 Cultus dd 40 45 40 ctg 40 — — Expo dd no 115 — Hartogen 345 350 340 Magellan 390 — 390 Magnet 9 11 — OilSerch 165 166 167 PekoOil 152 155 155 Petroz 7 8 8 Santos 730 738 730 Vamgas 380 385 380 WeeksPet 1100 — — Woodside 195 200 195
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19870710.2.94.7
Bibliographic details
Press, 10 July 1987, Page 12
Word Count
955Aust. ends sharply higher Press, 10 July 1987, Page 12
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