AUSTRALIA Golds, resources, and industrials rise

Press, 7 February 1986, Page 8

AUSTRALIA Golds, resources, and industrials rise

NZPA-AAP-RES Sydney

Australian' sharemarkets closed firmer yesterday, bullish sentiment in industrial stocks flowing into the resources and gold sector. At the close of trading, the all-ordinaries index had risen 6.1 points to 1066.8; the all-industrials index had gained 9.2 points to 1618.3; and the all-resources index had improved 3.7 points to 643.8. The gold index had risen 14.5 points to 938.7.

Turnover was 49.8 M shares worth sAustB3.2M, rises outnumbering falls, 231 to 220.

Brokers said a firming of world oil and gold prices overnight had improved market sentiment after the falls. BHP traded in a narrow range and closed 2c up at 720 on a turnover of 1.3 M, while Bell Resources remained steady on 490 c and CSR improved 2c to 345.

Mining stocks traded firmer after heavy falls recently. CRA gained 10c to 560, MIM 8c to 288, Elders Resources 9c to 111 and Western Mining 2c to 340. Gold-related stocks traded mixed but with a firmer bias. Whim Creek and Sons of Gwalia both added 10c to 240 and 350 respectively, while Emperor lost 10c to 335 and Kidston 2c to 596. Oil and gas stocks were weaker over all, the major exception being Santos, which gained 6c to 504. Magellan shed 5c to 195, Bridge OH 3c to 200, and Peko Oil the same to 62.

News Corporation continued its strong run on the industrial board, jumping 75c to 1250 and reaching a high of 1275. Pioneer traded heavily but remained steady on 270.

Elsewhere, Adelaide Steamship gained 15c to 1205, Pacific Dunlop 10c to 280, lEL 8c to 748 and Elders-IXL 5c to 350. However, FAI lost 14c to 682, Lend Lease 4c to 676 while new listing, Montoro Resources, dropped 13c to 27.

Major banking stocks traded firmer with the ANZ up 5c to 460, the National Australia bank 3c to 478 and Westpac 2c to 452.

In share-price-index-fu-tures, active March opened four points higher at 1075.0 and traded upwards to close at 1082.0.

Closing quotes Last Industrial Buy Sell sale ACT 315 317 316 AGC 255 260 255 AMI Tyota 180 190 —— ANI 315 320 320 ANZ 458 462 460 APM 327 335 325 AWA 580 590 580 AdelStm 1200 1205 1205 Ad’tiser 230 234 — Allied Ml 330 335 330 Alpha 40 45 40 Amatil 644 650 646 Ampol 248 250 248 Ariadne 217 220 217 Arnotts 330 340 340 AFound 212 220 215 BHP 720 722 720 BellG 694 696 694 BondCorp 224 225 225 Boral 355 357 355 Borg-W 225 —- 230 Brambles 485 495 490 Brierley 540 550 548 Bundaberg 240 244 240 BurnsP 550 556 556 CIG 300 305 295 CSR 343' 345 345 Chase 430 440 430

CoalAll 460 470 470 Coles ■ 460 462 462 Coma! co 185 190 185 Costain 215 218 —— Elders 350 352 350 opt 180 200 185 Email 186 188 188 Equitcorp 178 185 180 FAX 680 692 682 Fairfax! 736 750 740 FeltexNZ 220 230 225 Fielder 260 — 260 Fletcher 240 255 255 Fortuna 83 85 —— GPT 220 223 223 GPTnts 218 220 GUD 240 —— —- GGotch 320 320 Hanimex 90 —- 90 HardieJ 355 358 355 Herald 562 566 562 Hooker 179 180 180 Humes 186 188 186 ICI 225 230 230 lELGrowth 85 90 — Income 80 — ImaginT 55 — 55 Impala 105 108 106 IndEquit 746 748 748 IntrTech 30 31 31 Jennings 221 222 221 JohnsPry 570 — —— JonesDav 1220 1225 1225 Jonray 810 —— — Kern 210 215 210 pf — 210 — Leighton 75 80 79 LLease 670 680 676 MLC 2850 —— — MartinPr — 120 —— MayneNlc 370 375 370 McPherson 230 233 230 Monier 212 215 213 MorrisP 1100 1160 — NZFP 168 180 170 NZI 120 125 125 opt — 100 100 NatAust 476 . 480 478 NatCons 268 270 268 NewsCorp 1240 1250 1250 Nicholas 290 ■—11 290 OPSM 310 312 312 Oakbridge 115 117 115 OHms ' 75 80 75 PacDunlp 275 282 280 PetersSl 220 — 220 PioneerC 270 271 270 Pioneers 170 172 170 QBE 720 750 730 Reckitt 390 — — Repco 156 — 156 Robtlones 200 — 200 Rothmans 650 — SmithHwd 500 508 — Stockland 168 171 171 Sunshine 230 235 230 TNT 288 290 290 Taubmans 210 ■— 215

Tooth 600 — 610 UnionC 380 —— Vapocure 200 210 210 Vestcorp 97 99 —— Walton 35 36 36 Wattie 235 — 240 WaughJos 130 145 —— WfieldHl 1420 1430 1430 Westpac 452 455 452 Whitelnd 570 580 570 Woolworth 358 •— 360 Wormald 320 MINING 355 — Aberfoyle 824 860 — Allstate 19 18 Ashton 131 135 131 AustDevl — 17 —— BellRes 490 495 490 Bouganvle 217 218 217 CNGold 670 700 670 CRA 560 566 560 CarrBoyd 168 170 168 CMI —> 320 — ConsRes 6 7 7 ConsRtle 820 830 800 Cudgen 350 370 350 ERA 180 182 180 Emperor 335 340 335 GMKalg 860 880 — H11150 27 28 28 Kidston 590 596 596 MIM 288 289 288 MetalsEx —— 38 — MidEMin 24 26 ~ . Niugini 193 195 195 NorthBH 266 268 266 NthFlndr 310 320 310 PancontM ' 185 188 185 Paringa — 105 105 opt «— ■ 4 4 Peso 518 520 518 Placer 2400 2500 2400 Poseidon 275 285 280 QldCoal 155 156 155 RGC 526 534 530 Southland 255 260 255 SthnPac 18 19 18 WMC 340 342 340 WestSand 168 <169 168 WhlmCrk 235 245 240 OILS AOG 155 ; 160 152 AmpolExp 192 195 195 Beach 65 68 67 Bridge 200 205 200 Claremont 110 112 110 Crusader 165 172 170 Hartogen 180 185 183 Magellan — 200 195 Magnet 7 . 8 .7 Offshore 10 11 10 OilSearch 33 34 34 PancontP 18 19 18 PekoOil 60 63 62 Santos 502. 504 504 Vamgas 250 260 250 WeeksPet 830 —— — Woodside - 112 — 112