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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 13, 1971
Page
4
The market showed reduced interest in oil stocks as uncertainties lingered. Industrials were barely changed with scattered gains in miners, though some large names slipped. Western and Atlantic sectors fluctuated, with miners recovering slightly while several firms posted modest losses.
Market wrap notes London shares advance as Sydney stock indices show gains though Wall Street climbs modestly after two days of declines. Leading rises include oil sector margins while mining and materials lag. energy and auto groups move. index figures cited across sectors with notable price shifts.
Fragmentary text references Melbourne sales and Sydney mining with scattered names and numbers. Difficult to extract cohesive event details or entities due to garbled OCR.
Tiutinga Securities Ltd signaled a final bid to settle the Antimony Nickel NL dispute amid a stock exchange short position. A language heavy news statement warns of legal action to force firms to meet obligations as the exchange suspensions continue.
Comalco Camarco Ltd announced a major expansion at its Sydney Ite Yennora semi fabrication plant. The company plans a new high capacity mill to boost production and position the group as the fastest supplier in the Australian aluminium industry, per managing director A V Lorch.
Mining and oil shares advance as at least one major index rebounds. Investors weigh supply data and demand signals while analysts note volatility remains in early trading sessions with gains led by energy firms.
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