Hamersley ends year with big loss on Sydney exchange
After a volatile year the Sydney Stock Exchange closed with light trading and firm prices. Hamersley fell 25c to 2.40 amid news of potential output cuts at Paraburdoo. MIM dipped to 3.10, Poseidon to 12.50, and other miners and oils showed mixed results while industrials drifted or edged higher. Melbourne shares rose on strong industrials even as mining and oil stocks lagged.
MENTIONED IN THIS ARTICLE
Sydney Stock Exchange
Thurday
Hamersley
Paraburdoo
Western Australia
MIM
Poseidom
Becgna
Mid- Eastern
Woodside
BHP
Bre
CUB Z
CAGA
Morris
Melbourne Stock Exchange
McEwans
Phillip Morris
Westfield
British Tobeces Sc
Cartiog Sc
Pioneer Comclete Sc
Cleamers
Clenmore
UPR
Cies
Bougainvilla
Biuether
Brisbane Are Stock Exchange
Tron
Pinew
Queensland
Burdoo
Comem Sc
Sydney stock prices on exchange noted with wide variety of listings
A rough transcript shows Sydney Stock Exchange figures covering many firms from Amalgamated to Westfield with prices and notes on latest sales. The clumsy OCR lists numerous company names alongside prices and market terms, reflecting a broad but unreadable snapshot of daily quotes and sector names.
Comalco Predicts 1971 Profit Rise Amid 1972 Uncertainty
Comalco Ltd expects a 1971 profit of 17.6 million dollars aided by a 200 thousand dollar lift. Directors warned of a tougher 1972 due to weak world aluminium markets and possible US dollar devaluation, with oversupply and import threat from overseas metal. A final tax free dividend of 7 cents was declared.
MENTIONED IN THIS ARTICLE
Comalco Ltd
Aluminium Group
Australia
Comalco Alcon Australia Ltd
Alcoa of Australia Ltd
Comalco
Holiday Schedule Update for New Year Week
The Canberra Times Business and Economics pages resume on Wednesday after a Monday New Year holiday. The note confirms Monday as a holiday and outlines the shift in publication or operations accordingly.
MENTIONED IN THIS ARTICLE
Canberra Times
NSW minister predicts long term gas plan by 1972
NSW Minister for Mines Mr Fife forecast major long term decisions on natural gas introduction in NSW. He said supply could begin by early 1974.
MENTIONED IN THIS ARTICLE
Nsw
Fife
Mining and oil shares rise in early markets
In early trading, mining and oil shares show gains amid cautious investors. Analysts note strength in commodity-linked stocks as economic signals point to continued demand, with several firms reporting steady first quarter results.
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