Rumours boost Aust.

Press, 5 August 1988, Page 20

Rumours boost Aust.

NZPA-AAP Sydney The Australian sharemarket closed higher as investor demand for selected industrials spread into all sectors, dealers said. “There were some stories circulating in the market about particular stocks,” including Coles Myer, Elders IXL and Lend Lease, one said. “There’s still a lot of appetite for leading industrials,” he added. By the close of floor trading, the all ordinaries index was up 8.6 points to 1631.3 and the all industrials gained 16.2 to 2602.4. The all resources gained 3.1 to 895.6 and the gold marker added 3.4 to 1963.6. National turnover was 134.51 million shares worth sAust224.99M and rises outnumbered falls by 26 to 23. On the industrial board, rumours that both Coles Myer and Lend Lease would announce bonus issues saw their prices soar. Coles Myer jumped 50c to 1050, and Lend Lease 45 to 1450. Elders IXL added 1c to 338. Retailers James Darrell added 23c to 518, David Jones gained 6 to 916, and Woolworths 2 to 332. In the media sector, News Corp tumbled 15c to 1045, Bond Media fell 1 to 72, and Qintex Australia shed 3 to 192. In the banks, the ANZ gained 12 to 478, the NAB 10 to 628, and Westpack 4 to 670. Transporter Mayne Nickless added 8c to 674 and CSR 2 to 477. Losers included Sarich Technologies, down a heftv 20c to 310, BHP down 2 to 844, and Bell Resources

down 1 to 175. Closing quotes Last Industrial Buy Sell sale ANI 203 204 204 91nts 500 — 500 96nts 355 365 — ANZ 478 480 478 AWA 275 282 280 Acmex 130 — 130 AdelStm 680 686 680 Alcan 260 — 260 Alkair 135 140 —

Alpha 22 — 22 Amatil 856 860 860 B 850 900 — Amcor 494 495 495 ApexPac — 90 — Argo — 270 265 Ariadne 20 21 20 Arnotts 532 540 532 Arrowfeld 300 310 — 89opt 100 — 100 AFound 146 147 147 AustOvrs — 35 — BHP 842 844 844 BTGlobal 38 40 40 BTR 904 906 906 BankQld 325 —— «— BellG 263 265 263 BellRes 170 176 175 Bisleyopt 2 — — BondCorp 204 206 205 BondMed 73 74 73 91opt 6 7 — Boral 504 506 506 Brambles 1040 1050 1050 90 nts 1080 — — Brick 381 400 380 Brierley 133 135 134 Bundaberg 313 315 315 Burns 362 365 365 CIG 460 — 460 CSR 475 477 477 Cadbury 335 336 336 Chase 99 100 100 Claradeen 50 — —-- ClayR 148 — 148 ClayRPT 36 39 — Clyde 120 125 123 CoalAll 440 455 450 ColesM 1040 1050 1050 Comalco 462 463 462 CorpEqit 180 190 — Cortaus 4 — —— Duke 32 33 — EDunlop 240 250 245 Eastcourt 20 25 —— Elders 337 338 338 EidersRs 328 — 330 Email 435 440 436 Equitcorp 59 60 60 EuroNat 40 50 —— Expo 36 38 36 FAI 425 430 430 FinMet 80 88 88 FC1 415 420 418 Fortuna — 190 —— GPT 272 275 275 Goodman 255 257 257 HDFI 25 28 — Hanimex 250 260 — Hardie 320 323 320 Helm 244 245 245 Hitek 87 88 88 Hooker 230 232 230 Humes 263 264 263 HProp 1800 1840 1800 ICI 682 684 682 lELGrwth 140 150 — lELIncme 85 120 —

Imagin 143 147 147 IEL 187 188 188 Interpac 34 35 35 Interchase 165 170 165 Jasco — 220 —• Jennings 260 268 — JonesDav 910 — 916 JonesRbt 92 — 95 Jonray 72 84 — Kern 225 — 225 Kimberley 60 90 — Lrchhill 18 24 — 90opt 1 — — Leda 56 58 58 Leighton 77 80 78 LLease 1450 1480 1450 Linter 345 350 — Mayne 656 670 670 McPherson 125 128 125 Memtec 230 240 — NZI 115 120 120 NatAust 628 630 628 NatCons 272 275 272 NewsCorp 1045 1050 1045 OPSM 285 288 288 Oakbridge 26 27 — PacDunlp 454 455 454 Parbury 86 88 88 PetersSl 263 265 263 Pioneer 325 327 327 QBE 550 — 550 Qintex 415 420 415 Reil 200 210 — Rothmans 880 890 880 Rothwells 60 64 60 SmithHwd 362 — 365 SthnFarm 300 320 310

Stockbge 47 50 50 89opt —I20 — Tagpac 26 28 26 TNT 461 462 462 Taylor 175 185 180 USMaster 57 60 60 Union 600 606 — Vapocure 12 13 12 Vestcorp 39 45 40 Viking 12 13 — Walton —— 35 — Wattyl 425 440 — WestCptl 210 215 — WfieldHI 388 400 385 WfieldTr 188 189 188 Westmex 135 139 137 Westpac 668 670 670 WfldCap 90 92 92 WilNeiil 53 54 ' 54 Woolworth 335 338 335 Wormaid 187 192 190 AUR 42 44 44 ACMins 340 345 340 Aberfoyle — 610 610 Ashton 165 167 165 AustDebl 195 200 195 BHPGoId 81 82 82 Bendigo 26 28 27 nts 4 5 5 88opt 5 8 5 89opt 6 8 —

Bougainvl 420 424 420 CNGold 103 104 104 CRA 970 976 970 CarrBoyd 90 95 90 CityRes 41 42 42 ConsRes 16 20 — ConsRtle ' 870 —. 880 DeltaG 60 62 61 89opt 38 40 39 Dominion 170 175 172 ERA 270 275 270 Emperor 370 380 375 Forsayth 289 290 290 GMKalg 162 170 165 GiantRes 126 128 128 88opt 2 3 2 Hill50 165 170 165 JasonMin 112 120 112 Jlana 15 22 —— Kidston 385 390 385 Kitchener 42 45 — kiwiGold 12 13 —— MIM 206 207 206 MetaisEx 180 —— — Metana 770 780 780 Moruya 45 48 48 Niugini 400 — 400 Noranda 88 89 89 NBH 321 325 321 NthKalg 47 48 47 NthFlndr 870 900 — Otter — 27 — Pancont 195 200 195 Paragon 70 72 70 89opt 43 46 46 Paringa 165 — 165 PlacrPac 248 250 248 Poseidon 230 232 230 QCTRes 123 124 124 RGC 948 952 950 SnsGwlia 700 — 700 Spargos 23 24 23 SthnPac 38 40 38 Technomin 14 — — TitanRes 15 17 15' 89 opt 4 5 — WMC 630 632 630 WalMin 145 — 145 WestSand 255 260 255 AOG 66 70 68 Ampol 276 280 275 Beach 28 30 28 Bridge 98 100 99 89 opt 51 52 51 Claremont 29 30 30 Crusader 145 150 145 Cultus 20 24 20 Hartogen 160 165 165 Longreacli 6 — — Magellan 250 280 — Magnet 7 8 7 OilSch 118 123 118 PekoOil 148 149 148 Petroz 3 4 3 Santos 438 440 438 Vamgas 280 290 — WeeksPet — 1100 — Woodside 176 178 178