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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Apr 07, 1972
Page
5
A collage of stock quotes and odds and ends from a Sydney market page. Mentions prices and names like Boe, Bear, Mal, and Wo. includes scattered figures, times, and fragments without coherent trading data.
The Sydney mining and oil sections list numerous companies and assets with varied figures across sectors. Entries include names like ANZ EM Matteo RE Inde sa 366, Barret ae eT et, and Aus Fert 92, alongside banks and trading firms such as Bank NSW 06 and ANZ EM. The array covers equipment, assets, and commodity listings with mixed pricing signals, reflecting broad market activity.
The Sydney Stock Exchange advanced across sectors with Tooth leading gains after news of a one-for-one bonus issue and interim profit. Major movers included BHP, Tooth, CUB, TNT, CRA, and several banks, while industrials, miners, and oil plays posted firm to higher closes amid broad market support and cautious activity.
Broken Hill South Ltd reports a $596,000 interim loss for the half year to December 41, with copper lead and silver prices down and costs up. The South Mine will close by July with 650 staff to be severed, while the Cobar and Kanmantoo mines move toward profitability and dividend payments may resume. Directors credit load from a year of poor prices and temporary start-up costs at Kanmantoo, but foresee improved earnings and current investments including Alcoa of Australia underpinting future prosperity.
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