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Canberra Times in Canberra, Australian Capital Territory

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Articles on This Page

This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Dec 03, 1971

Page

6

Market gains and declines noted as stocks fluctuate

Poseidon rises 0.90, BHP up 0.25, while other shares show mixed strength. Mining and industrial issues lead gains with Bank of Melbourne and MEL Indu items firmer, yet some oils and consumer stocks retreat. Broad activity across mining, exporters and utilities keeps the market buoyant with mixed results near a close.

Joan Bon Weim Palchy Ashe Fon Cookanel Bond Lurmaser BHP Stength Commkco Bank of Nap Inlivatade

Stock indices and prices from Sydney London Wall Street

The report shows fluctuating stock indices with Sydney prices, London positions, and Wall Street gains. Notable readings include various indices and sectors such as finance, transport, and services, with gains and losses across markets on a volatile trading day.

Fragmented text from NG po Na Pind ae

Readable fragments indicate a local item with names and places obscured by OCR errors. The partial lines mention a subject and context but lack clear actions or outcomes to form a full event summary.

Madden Clashes With Kathleen Investments Chairman

Former Kathleen Investments Australia Ltd secretary Lincoln Madden clashed with chairman JS Miliner at an extraordinary general meeting in Sydney. Shareholders debated approving options to grant one million shares to the Australian Industries Development Corporation in exchange for a loan to fund uranium exploration in the Northern Territory. The meeting, called for shareholder approval, saw discussions over share pricing, option ceilings, and loan terms.

Kathleen Investments (Australia) Ltd Lincoln Madden JS Miliner Sydney Kathleen Investments Australian Indutries Development Corporation Iden AIDC Alina Westerman Kathleen Merk Madden

Share Options and Market Moves Amid Quiet Trading

In a muted session investors weighed options and near term forecasts as shares drifted with little macro news. Analysts note limited volume and caution ahead of earnings season while major indices barely budged and volatility remained subdued.

Also Mentioned on This Page

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