AUSTRALIA Gold stocks firmer

Press, 9 October 1987, Page 16

AUSTRALIA Gold stocks firmer

NZPA-AAP Sydney The Australian sharemarket closed higher in aimless trade yesterday as bargain hunters pursued selected quality stocks after Wednesday’s declines. Brokers said little fresh direction from offshore markets overnight, where bullion prices remained steady and Wall Street closed relatively unchanged, gave rise to cautious optimism throughout the session. At the close, the all-ordin-aries index was 6.8 points higher at 2223.2, the allindustrials gained 14 points to. 3327.3, the gold index was up 24.7 points to 3793.8, and the all-resources climbed 1.2 points to 1376.5. Turnover was a moderate 146.28 million shares worth sAust3ol.93M as falls narrowly outnumbered rises. Industrials enjoyed mixed favour but were generally finner. Banks, insurance, transporters and merchants were keenly bid but food, paper and packaging and media stocks continued to fan. Westpac rose 10c to 700 c, the ANZ gained to 544 c and the National Australia Bank 6c to 604 c on solid turnover of 3.52 million shares worth 521.12 M. Of the transport issues, Brambles jumped 60c to 1180 and TNT 16c to 676. Mayne Nickless gained 6c to 626. Elsewhere among resource leaders, Bougainville gained 24 after losing the same on Wednesday to close at 514 c. CRA jumped 20c to 1070 c, Western Mining 16c to 874 and MIM 5c to 340 on heavy

turnover of 4.63 million shares worth $15.94M. The market leader, BHP, down 25c on Wednesday, dropped a further 10c to 1025 c as CSR lost 2c to 468 c.

Closing quotes Last Industrial Buy Sell sale ACI 430 —» 430 AFP 420 423 425 AGC 400 — 400 AN I 232 235 232 ANZ 544 546 544 ARABS 440 480 460 opt 270 300 270 AWA 425 —— 425 Acmex — 636 630 AdelStm 1050 — 1050 Adtiser 850 870 . — Alpba 28 29 28 opt 8 14 — Amatil 920 940 920 Amcor 540 570 570 Ampol , 420 430 420 Argo 295 300 300 Ariadne 250 252 252 Arnotts 510 530 520 AFound — 170 168 AustOvrs 48 51 50 opt — 11 —— BHP 1020 1025 1025 BTGlobal 62 65 65 BTRNylex 1280 1300 1300 BankQld 290 310 310 Barwon 40 47 47 BellG 990 1015 1015 pref 4000 — —- BellRes 518 520 520 Bisleynew 125 — — opt 120 — 130 BondCorp 265 270 265 Bond Med 110 111 110 opt 30 32 32 Boral 618 620 618 . Brambles 1170 1180 1180 Brierley 440 445 440 Bundaberg 270 275 275 Burns P 594 596 594 CRP 55 — — CIG 478 — 480 CSR 469 470 470 Cadbury 275 280 275 ChaseCrp — 410 410 Claradeen 150 155 150 ClytnRob 780 790 780 Clyde 235 240 240 Coal All 530 — 540 ColesM 880 886 880 Comalco 530 536 530 Coronet 77 — 76 DeakMorg 175 190 185 EDunlop 360 370 360 Eastcourt 66 68 — Elders 568 570 568 Email 385 395 390 Equitcorp 117 120 117 EuroNat — 310 310 FAI 960 964 960 Fairfax 830 840 830 Feltex 350 — — FineMet 295 305 300 Fletcher 640 642 644 Fortuna 270 300 —— GPT 360 365 365 Goodman 550 554 554

HDFI 150 155 150 Hanbnex 165 168 168 HardieJ —— 485 480 Hitek 60 65 60 Hooker 495 498 500 Hugall 125 130 130 opt 35 — Humes 320 325 325 UProp 2300 2400 2400 ICT 606 612 612 lELGrwth — 110 — lEUncme 95 — —— Imagin 172 175 175 IEL 614 616 616 InterPac — 270 265 Jasco 200 — —— Jennings 340 348 345 Jones Dav 1370 1380 1370 JonesRbt — 260 260 Jonray 265 280 270 Kern 370 395 — Kimberley — 175 — Lrchhill 315 320 315 opt — 200 — Leda 95 98 98 Leighton 115 117 115 LLease 1740 1750 1750 Linter 694 700 700 MayneN 620 626 626 McPherson 185 —— 185 Memtec — 520 500 Miniskips 140 — 140 Monier 409 415 — NZFP 400 420 400 NZICorp 270 275 270 NatAust 600 604 600 NatCons 450 475 — NewsCorp 2370 2380 2370 OPSM 320 322 320 Oakbridge 50 52 50 Oceanic 200 210 200 PacDunlp 578 580 580 Parbury 230 240 230 PetersSl 305 310 310 PioneerC 488 490 488 QBE 640 650 — ReiiCorp 490 — 490 opt 145 — — Renouf 185 — 190 Rheem 250 — 250 Rocadoln — 21 21 opt 20 — — rts 505 — •— Rothmans 950 960 — Rothwells 325 — 325 SmithHwd 5 510 500 SthnFarm 860 — Sunshine 290 295 290 TAG 60 62 60 TNT 674 676 676 Taylor 626 634 — USMaster 78 80 — Union 638 640 638 Unity 110 115 115 Vapocure 75 80 75 Vestcorp — 128 — Viking 27 31 30 Walton 30 32 32 Wattle 590 — — Wattyl 450 — 450 WestCptl 360 —— 360 WfieldHl 1180 1190 1180 WfieldTr — 227 227 Westmex 180 190 185 Westpac 700 702 700 WfldCap 150 155 150

Woolworth 357 360 360 Wormaid 335 338 335 AcMins 820 830 820 Aberfoyle 930 950 950 Ashton 335 — 335 AustDevl 590 » 590 BHPGold 172 175 172 Bouganvle 514 516 514 CNGold 260 265 265 CRA 1060 1065 1070 Carr Boyd 202 205 202 CityRes 162 165 165 opt —— 130 —— ConsRes 5 6 —— ConsRtle 800 — — Dominion 330 335 330 ERA 275 280 275 Elders Rs — 480 485 Emperor 900 — 910 Forsayth ■ — 460 460 GMKalg 990 1000 990 GiantRes 365 368 365 opt 150 160 155 H11150 225 230 230 JasonMin 520 550 520 J’lana — 65 60 KiaOra 106 110 106 Kidston 680 700 700 Kitchener —— 155 150 Kiwi Gold — 135 — MIM 340 342 340 MetalsEx 200 205 200 Metana 1400 1460 — Moruya —— 85 85 Niugini 1340 1350 1350 NBH 445 450 450 NthKalg 185 188 188 NthFlndr 1750 1800 1770 Otter — 80 80 PancontM 360 365 360 Paragon 160 — 160 rts 80 85 —— opt 135 — 135 Paringa 680 — 700 Peko 900 950 — PlacrPac 352 355 355 Poseidon 640 650 644 QldCoal 155 156 156 RGC 1510 1525 1530 SNSGwlia 1140 — 1140 Spargos 66 70 66 Ct 33 — 30 SthnPac — 95 95 Technomin 53 54 53 WMC 872 874 874 WalMin 215 220 215 WestSand 250 260 255 WhimCrk 560 — — AOG 265 270 270 Ampol 520 530 530 Beach 62 65 — Bridge 179 183 180 Claremont 94 98 92 Crusader 285 290 290 Cultus — 65 60 Expo 115 —- 115 Hartogen 260 — 260 Magellan 355 360 360 Magnet 8 9 8 OilSerch 198 200 198 Peko 150 155 155 Petroz 7 8 7 Santos 686 690 686 Vamgas 355 370 — Weeks 1320 — 1500 Woodside 207 210 207