Australian market remains weak
Weak overseas markets before the week-end and depressed international bullion exchanges pushed prices on the Australian sharemarket lower yesterday. A slight upward move on Friday was quickly reversed as sellers took a firm grip on trading — crushing' any hopes of a switch in the downward trend. In quiet business, even encouraging oil flow reports failed to muster much support for participants. Industrials.— Amatil, 195; ACI, 147; AustFert, 120; Ampol, 130; ANI, 240; ANZ, 400; APM, 187; ASCProps, 95; Advertiser, 2JB; AWA, 285; Bundaberg, 220; BHP, 810; Brambles, 200; BMI, 130: NSW, 260; Boral, 261; BurnsP, 250; Carp, 165; CIG, 205; Clyde, 165; Comalco, 146; C'maine, 335;
Coal All, 520: Coles, 208: CSR, 328; CUB, 249; Dunlop, 90; Elders, 420; Email, 130; EZI, 390; Fairfax, 165; Flexdrive, 155; Forestwood, 250; GenPropTrust, 158; GordonGotch, 190; Hardie, 335; Hooker, 128; Humes, 115; Herald. 290; ICI, 150; Ind Equity, 275; DJones, 140; Kauri, 55; Kerncorp, 80; Lend Lease, 305; Mayne Nick, 210; McPhersons, 135; Monier, 109; PMorris, 250; Myer, 140; Industbank, 248; Nat Cons. 130; NewsCorp, 195; Nylex, 181; Oakbridge, 142; PionConc, 134; Pion Sugar, 118; Sleigh, 80; Smith, 390; TNT, 195; Tooths, 220; Wwths, 155; Wormaid, 238. Mining.— Aberfoyle, 490; Allstate, 38; Ashton, 113; BHSth, 360; Bougainville, 122; Cent Norse, 350; CRA, 263; Emperor, 65; ERA, 132; Gold Mines, 360; Gold Copper, 30; Mid East, 12; Metals Ex. 53; Mallina, 11; MIM, 260; Nthß.H, 225; Pancont, 185; Peko, 540; Paringa, 70; Poseidon, 160; QueenMarg, 8;
Renison, 285; Robeßiver, 92; Southland, 30; Umal, 162; WMC, 355.
Oils..— Ampolex, 225; AOD, 123; AOG, 90; Beach, 60; Bridge, 302; Hartogen, 400; Magellan, 250; Pantcont, 27; SouthPac, 24; Santos, 450; Stirling, 8; Woodside, 84.
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Press, 2 March 1982, Page 22
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281Australian market remains weak Press, 2 March 1982, Page 22
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