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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 10, 1971

Page

6

Oil shares rally as Woodside leads gains on Sydney market

Woodside led a broad oil issue rally on the Sydney Stock Exchange with shares surging to around 1.30 before easing to 1.25. Partners and new oils also posted modest gains while other mining, metals, and industrial stocks fluctuated, with BHP rising to 10.25 and Copper, nickel, and coal issues showing mixed results amid a generally firmer session.

Woodside Ampol Ex Sydney Stock Exchange Bell BH South Cate Ksthleen EMC Pebo BHP CSR Ous Eadh ACI Bougainville WMC Ic Memerssey Melbourne Stock Exchange Crea Waly Semen Jun Broken Hill South Jost Sc Hamersley Sc Metak Exploration Ca Poseidom Western Mining Corp Miles Service Industries Seanad Brisbane Stock Exchange

Sydney stock exchange prices and share indices report

The page lists Sydney stock prices with industrial and financial figures, including All Ordinaries and sector indices. It shows price levels, changes, and an oil index uptick, reflecting market activity across finance, steel, autos, and utilities.

Bucks Insurance Other Finance Pastoral Am Ferrout Met Rae

Unclear OCR fragment about shares and names in a stock or company note

Fragmentary OCR text references oil shares and various names and terms, mentioning shares, ports, and possible company or market references. The readable portions do not form a coherent report or event.

Bank cautions on Australia dollar revaluation policy

The Bank of NSW questioned the desirability of revaluing the Australian dollar to curb inflation. It cited robust balance of payments growth but warned that heavy capital inflows to cover a current account deficit urge caution until exchange disturbances clear. The bank noted underutilized industrial capacity, reduced capital expenditure, and a flattening in production across sectors, with rising unemployment and a drastic fall in wool prices affecting rural confidence.

Bank of Nsw Australia

Australian view: China trade unlikely to surge

Audrey Donnithorne of the Australian National University cautions that Australian trade with China should not be overestimated. She notes only gradual, unspectacular growth aligned with the Chinese economy, urging firms to pursue prudent but possible business links while acknowledging lingering Marxist scepticism toward commerce.

China Audrey Donnithorne Australian National University Bank of New South Wales Review Donnithorne

Also Mentioned on This Page

Oils Mit Lyell New Hifi Corp Utah Mom Caonlemaine Perkins Philip Maris Cerio Iisc Mecekwam Yarra Falls W. R B. Carpenter Carpenter Negdotere OW Kors Bros Sameel Thies Sc Millegals Pioneer Sugar Queensland Poeeldon Stil Metals Ex MIM Cecio London Atha Is Sa weDeraa Ial Leet. Sale Os Ancred Von Mlinaon Sateen Wenward Ren Galen Shere al Geo Seoecia Karn Cea Peat Noagate Sargon Pete Stellar Ay Timparton Ecu Opty Titan Yartmarei Gas Ota Iad Theseus Taman Mt Tan Miche Hd Melbourne Gadsden Areata. Am Gor Gotch Sellers Hanover Silverson Smath “ Ind Smith Wwd IAC ICI Squaring Ind Mog Soan Teresa Jlé Jasco Jennings Foko Taubmann Jones Corp Komen i Lipss Sydney Mining Peiroearh Pine Waite Cleveland Bland have_panionery altitu Maine World Man Tay Mdere Judgent of Mira Mis Donnitho
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