AUSTRALIA Confidence shown in industrials

Press, 13 April 1989, Page 28

AUSTRALIA Confidence shown in industrials

NZPA-AAP Sydney Investor confidence in blue chip industrial issues helped lift the Australian sharemarket to a firmer close yesterday. By the finish of floor trading, the all-ordinaries index had gained 6.2 points to 1420.9. Brokers said the performance was “considerable" ahead of last evening’s economic statement by Federal Treasurer, Mr Keating. “The market performed well. Even more so considering it fought back against a burst of selling not long before the close,” a broker said. National turnover was 78.95 million shares, worth sAustl4B.3Mchanging hands. Rises led falls about three to two. Amatil led rises in the industrial sector, gaining 30c to 950, and News Corporation, trading exdividend, was up 20c at 1185. BHP gained 8c to 760. BTR Nylex, trading exbonus and exdividend, was up 12c at 410 and Brambles rose 5c to 1105. ANI lost four to 112 after trading erratically throughout the day within a 12 point range. ANI earlier said it did not wish to seek Stock Exchange suspension because of its SI94M exposure to Spedley Holdings, which went into provisional liquidation on Tuesday. Bank issues were mostly firmer with ANZ up 6c to 487, National Australia 6c to 594, and Westpac up 4c to 502. Advance lost 20c to 475 and

Challenge 5c to 425. In the insurance sector, FAI lost 2c to 255, and QBE was steady at 480-exdividend. Among the miners, CRA rose 8c to 820, Comalco 3c to 353, and Western Mining 2c to 488. Dominion was steady at 128, and Niugini Mining lost 5c to 430. In the mixed gold sector. Pacer Pacific gained 7c to 250 and Renison Gold Fields 2c to 696,

Closing quotes Last Industrial Buy Sell sale ANI 113 114 114 91 nts 280 298 290 96 nts 235 240 235 ANZ 486 487 487 AWA dd 103 105 105 Acmex 150 160 — AdelStm 566 568 568 Alcan 240 250 — Alpha 22 23 — Amatil 950 960 950 B 866 — — Amcor 400 402 402 ApexPac 86 100 — Argo 228 230 , 230 Ariadne 17 18 17 Arnotts 524 530 520 Arrowfeld 240 255 245 opt 89 50 62 — AFound 127 130 128 AustOvrs 37 38 37 BHP 758 760 760 BTGlobal 48 50 — BTRNylex 412 414 410 BankQld 315 325 325 BellG 110 120 120 BellRes 108 110 108 Bisley opt 90 — I — BondCorp 148 152 150 BondMed 34 35 34 opt 91 2 3 — Boral 314 315 315 Brambles 1100 1105 1105 90 nts 1120 —- — BrickP 340 350 345 Brierley 110 111 110

Bundaberg 265 270 270 BumsP 267 270 268 CIG -420 450 — CSR 405 406 405 Cascade 83 84 83 ChaseCrp — 38 38 ClayR 70 75 70 ClayR PT 40 41 — Clv’de 150 155 — Co’alAll 450 — 455 ColesMyer 792 794 794 Comalco 353 355 353 CorpEqit 158 160 —• opt 91 80 — 80 "ortaus 1 2 —- DukeGrp 9 10 9 Eastcourt 8 9 — Elders 260 262 260 Elders Rs 227 229 227 Email 375 380 375 Euro-Nat 90 —— — Expo dd 33 35 35 FAI 255 256 255 FineMet 30 47 47 Fletcher 365 366 365 GPT 247 248 248 Girvan 52 55 53 Goodman 187 190 190 H.D.F.I. 5 6 — Hanimex —— 333 — HardieJ 238 239 240 HelmCorp 130 132 129 Hitek 49 50 49 Hooker 152 154 152 II Prop 1650 1690 — ICI 566 568 568 lELGrwth 100 — — ImaginT 110 115 — IndEquit 149 150 150 Intrchase 152 155 152 Jennings 178 180 180 JonesDav 1000 — 1000 Kern 170 175 — Kimberley 76 80 76 Lrchhill 6 8 — Leda 46 48 46 Leighton 56 60 60 LLease 910 916 916 MayneN 498 500 500 McDowell -22 24 22 McPherson 100 — 100 Memtec 183 185 183 NZICorp 30 34 33 NatAust 592 594 594

NatCons 270 272 272 NewsCorp 1180 1190 1185 OPSM 184 185 185 Oakbridge 33 35 34 PacDunlp 393 394 393 Parbury 67 75 — PayceCon 63 68 — nts — 94 — PetersSI 248 252 250 Pionlnt 239 240 240 QBE 460 490 —— Qlntex 390 405 400 ReilCorp 180 200 — opt 92 2 20 — Rothmans 930 940 920 SmithHwd 360 375 —-- SthnFarm 302 304 302 Stockbge 27 30 — opt 89 — 10 — TAGPac 23 25 — TNT 308 309 309 Taylor 200 225 —— USMaster 72 — — Vapocure 8 10 — Viking 35 37 — Wattyl 490 500 490 WestCptl 155 — — WfieldHl 240 250 242 WfieldTr 166 167 166 Westmex 124 125 124 Westpac 500 504 502 WfldCap 55 — 54 Woolworth 358 —— 358 Wormaid 185 195 — AUR — 26 26 ACMins 160 165 160 Aberfoyle 450 460 — Ashton 113 115 115 AustDevl 160 170 160 BHPGold 50 52 51 Bendigo 7 8 — ctg — 1 — opt 89 — 1 — Bougainvl 265 — 265 CNGold 72 73 72 CRA 818 820 820 CarrBoyd 58 60 57 CityRes 18 — 18 ConsRes 12 14 14 ConsRtle — 1000 DeltaG 43 44 44 opt 89 16 18 17 Dominion 126 130 128 ERA 235 240 235

Emperor 188 490 486 Forsayth — 187 185 GMKalg 90 91 91 GiantRes 47 50 48 JasonMin 26 29 27 J’lana 3 6 — Kidston 265 267 265 Kitchener 39 40 39 KiwiGold t 5 — M1M 164 165 165 Metals Ex 145 150 145 Metana 368 375 370 Moruya 41 44 — Niugini 420 430 430 NorthBH 230 23! 231 NthKalg 2S "’S NthFlndr 17S — 1*8 Otter 19 20 19 PancontM 168 172 — Paragon 12 14 14 opt 89 —-■ 3 — Paringa 55 60 — PionMin 43 44 44 PlacrPac 250 252 250 Poseidon 250 260 255 QCTRes 116 117 117 RGC 696 700 696 SnsGwlia 540 560 — Sparges 15 16 15 SthnPac 40 42 — Technomin 4 6 — TitanRes —— 7 — opt 89 — 1 — WMC 487 488 488 WalMln 160 165 160 WestSand 250 260 250 AOG 55 60 — AmpolExp 163 167 167 Beach 18 20 —— Bridge 81 82 opt 89 32 33 32 Claremont 26 "7 26 Crusader 115 125 — Cultus 40 42 42 Hartogen 117 120 120 Longreach 3 6 — Magellan — 190 — Magnet 4 5 — OilSch 73 74 Petroz 2 3 3 Santos 363 364 363 Vamgas — 260 — WeeksPet 850 900 —- Woodside 210 211 210