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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Aug 05, 1972
Page
8
The Melbourne stock market saw mixed results with oils and industries strong while some sectors cooled. Notable activity included Wallen Antimony and Nickel shares rising, GRC and Myer firming, and Tep trading with several stocks like Magelies and Kings Parkade moving up.
The Sydney Stock Exchange shows mixed trading with prices nudging higher as the market edges up around 0.4 points to 517.8 while London ties rise modestly, and Wall Street advances about 6.5 points to 947.7 on a third day of gains. Investors monitor brief upswing amid uncertain economic cues.
Investors bid as Sydney Oil and partners announce a 2c per share offer for Cowan Holdings stake. The Melbourne and Sydney actions center on the 1 May sale timelines with nominees and board appointments noted for governance. Barry Free and Roy King named as key figures guiding the bid and potential leadership changes.
Nylex Corporation Ltd reports a 16.5 percent rise in half year profit to 1.1 million on June 30, with revenue up 37 percent from the previous year. Depreciation and amortisation increased, and the firm cites investment allowances and currency effects as factors. Final dividend expected later, with a dividend payable in September to holders of record.
A scrambled note references SHARE OPTIONS and various names like MANNFAE WAY and Winans, hinting at a financial discussion or stock chatter. It mentions 44 shares and multiple personal tags, suggesting a fragmented market-related communication with unclear origins and fragmented identifiers.
The Sydney Line and related services report a Monday holiday on August 7. The Sydney Line Fae change will not be open for trading. Bank Martin Fiber Aneralian lock ce shay 1 will remain open.
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