Aust. firms on steady demand

Press, 6 October 1987, Page 49

Aust. firms on steady demand

NZPA-AAP Sydney The Australian sharemarket closed firmer yesterday as steady demand for quality industrial stocks offset flagging interest in the resources sector. Selected buying saw banking, merchant, alcohol and tobacco and developers post modest gains, brokers said. But there was little change to bullion prices, which dampened demand for miners. Trade was thin because Sydney markets were closed for a Labour Day holiday. At the close the all ordinaries index was up 12.9 points to 2253.4. The all industrials rose 24.1 to 3365.8, the gold marker 1.9 to 3855.4 and the all resources 4.3 to 1399.8. National turnover was a light 63.90 million shares worth sAustlBl.2l million. Rises outnumbered falls by about five to three. Banking stocks led the industrials up after a solid performance in London on Friday. Westpac added 30c to 694, the ANZ 18 to 560 and the National Australia Bank 8c to 594. Developers also improved. Hooker climbed 20c to 520, James Hardie 10 to 500 and Jennings 2c to 340. Lend Lease went against the trend, falling 20c to 1760 on thin turnover. Elsewhere, Amatil climbed 30c to 950 and TNT 4c to 664. FAI slipped 20 to 980, Mayne Nickless 10 to 630 and Brambles 10 to 1120. Resource stocks were mixed in thin trade. MIM climbed 13c to 343 and 10c gains took CRA to 1050 and

Peko to 940. Bougainville lost 10c to 500 and Beil Resources was steady on 538. BHP was steady at 1065 and CSR climbed 13c to 485 on thin turnover.! Closing

quotes Last Industrial Buy Sell sale ACI 450 455 450 AFP 420 425 420 AGC 400 — 400 ANI 245 250 250 ANZ 560 — 560 AWA 435 440 Acmex — 640 640 AdelStm 1030 1040 1040 Adtiser ’ 850 — — Alpha — 30 30 opt —— 10 —— Amatil 930 950 950 Amcor 560 562 560 Ampol 415 — 415 Argo —— 300 300 Ariadne 260 265 260 Arnotts — 540 . — AFound 175 182 175 AustOvrs 50 51 51 rts 9 12 12 BHP 1065 1070 1065 BTGlobal 62 63 62 BTRNylex '1380 1390 1390 BankQld — 315 — Barwon 48 50 50 BellG 1030 1050 1030 pref 3700 — BellRes 536 538 538 Bisley opt 130 — — BondCorp 275 280 280 BondMed no 111 110 opt 30 32 30 Boral 630 634 630 Brambles 1110 1120 1120 Brierley — 455 455 Bundaberg 280 — 285 BurnsP 594 600 594 C.R.P. 58 —_ —— CIG 465 —- 465 CSR 485 490 485 Cadbury 280, 290 285 ChaseCrp 420 425 415 Claradeen — 155 — ClytnRob 750 — 744 Clyde 235 240 235 CoalAll 520 — 520 ColesM 930 — 930 Comalco 520 526 526 Coronet 72 78 70 DeakMorg 190 200 — EDunlop — 400 —— Eastcourt 65 68 68 Elders 580 — 580 Email — 408 408 Equitcorp 117 118 117 EuroNat 310 350 ——

FAI 980 984 980 Fairfax 810 830 820 FinMet — 300 300 Fletcher 630 636 634 Fortuna 295 305 300 GPT 360 365 360 Goodman 566 570 570 H.D.F.I. 150 160 —— Hanimex 165 170 —- HardieJ 500 506 500 Hitek — 70 65 Hooker 520 530 520 HugallH 110 — 112 Humes 310 320 320 UProp 2250 2400 2250 ICI 620 626 620 ImaginT 170 — 170 IEL 640 650 650 InterPac — 280 280 Jasco 200 250 — Jennings 340 342 340 Jones Dav 1350 1370 1370 JonesRbt 260 —— — Jonray 250 — — Kern 360 390 370 Kimberley 105 — 105 Lrchhlll —— 315 —• opt 180 —• — Leda 95 105 . —- Leighton 111 113 113 LLease 1760 1770 1760 Linter 670 680 670 Mayne 630 640 630 McPhersn 185 190 185 Memtec 520 530 520 MifiiSkips — 135 135 Monler 409 — — NZFP 410 450 400 NZI 270 —— —- NatAust 594 596 594 NatCons 460 — 460 NewsCorp 2400 2420 2400 OPSM 320 325 320 Oakbridge 52 53 54 Oceanic 200 —— 200 PacDunlp 590 592 590 Parbury 225 240 240 PetersSl 305 310 310 PioneerC 485 490 485 QBE 650 680 — ReilCorp 460 500 —

opt 150 — — Renouf — 195 — Rheem 245 250 245 Rothmans 960 970 — Rothwells — 335 335 SmithHwd 510 520 510 SthnFarm 860 — 860 Sunshine 290 . —— 290 TAGPac 65 — 65 TNT 664 666 664 Taylor — 634 630 USMaster 80 82 82 UnlonC 630 —— 630 Unity 110 — 110 Vapocure 75 — — Vestcorp —— 125 — Viking 26 28 26 Walton 33 34 —• Wattle 590 —— 590 Wattyl 440 — — WestCptl 350 — 350 WfieldHl —— 1200 1190 WfleldTr 228 230 230 Westmex 180 185 185 Westpac 690 694 694 WfldCap 145 150 145 Woolworth 360 365 360 Wormaid 340 345 340 ACMlns 850 860 850 Aberfoyle 934 — 934 Ashton 348 J 350 348 AustDevl 580 600 580 BHPGoId 176. 178 176 Bouganvle 504 506 500 CNGold 255 260 255 CRA 1050 1055 1050 Carr 200 205 205 CityRes 160 164 164 opt —• 120 —— ConsRes 4 5 . 5 ConsRtle 800 — 800 Dominion 340 350 340 ERA 280 285 280 EldersRs 490 495 494 Emperor 970 1000 —— Forsayth 470 480 470 GMKalg 980 990 990 GiantRes 370 380 375 rts 170 175 170 H11150 245 250 240 JasonMin 460 — 460

Ilana 65 69 65 KiaOra 105 .107 105 Kidston 720 726 722 Kitchener 150 160 — KiwiGold 135 150 — MIM 342 343 343 MetalsEx 200 205 200 Metana 1460 1470 1460 Moruya 87 — 87 Niugini 1350 1360 1350 NBH 438 442 442 NthKalg 190 195 190 NthFlndr 1780 1800 1800 Otter — 85 80 PancontM 370 380 370 Paragon 140 — 137 rts —• 90 —— opt —• 120 —— Paringa 690 700 700 Peko 940 960 940 PlacrPac 360 365 365 Poseidon t 640 646 646 QldCoal 150 152 152 RGC 1550 1550 SnsGwlia —- 1220 1220 Spargos — 70 70 Ct 33 35 33 SthnPac 100 105 105 Technomin 53 54 54 WMC 894 898 896 WalMln 220 225 225 WestSand — 275 —— WhlmCrk 570 590 580 AOG 265 270 270 AmpolExp 520 530 520 Beach 60 .63 63 Bridge 190 192 190 Claremont —— 95 94 Crusader 270 275 Cultus 56 — 60 Expo 95 100 — Hartogen 286 295 290 Magellan 355 365 — Magnet 8 9 —— OilSerch 198 200 ‘ 200 PekoOil 154 160 152 Petroz 7 8 8 Santos 684 688 688 Vamgas 355 360 360 WeeksPet 1400 ——- 1500 Woodside 202 210 205