Market rally falters as minor gains offset broader losses
A choppy session saw small gains in some stocks while majors slipped, with copper and mining shares fluctuating. Banks traded evenly as several firms reported mixed results. notable shifts included Brambles and ACE with modest changes, while mining outfits edged lower amid broader market softness.
MENTIONED IN THIS ARTICLE
Conaderse
Woodddezermak 8
Sezai
Stock Exchange
Angel Hix
ITE
Iyntend
Consol
ACI
WMC
Pam Continental
Bougainville
MIM
CBC
The
and National Bank
Sydney Stock Exchange Prices Rushed Barges 7 A Ekta
Market notes show trading activity in Sydney with barge related bids and prices at seven units, while Ekta and Eneg offerings appear. Analysts caution unclear volume and limited details in the hurry of the session.
Industrial 4 4s Nee ers ry a 4 Non Tige Ty Rake
Fragmentary OCR text describes a product or item with unclear pricing and partial phrases. The readable words mention seats, a vehicle component, and potential measurements or model identifiers, but most details are unreadable. The item remains ambiguous.
Bank hopeful on liquidity prospect for 1972 Australia
The National Bank of Australasia expects a gentle 1972 liquidity path with overseas capital inflows and Reserve Bank policy easing ensuring bank liquidity. It forecasts no material funding squeeze from the seasonal government-finance downturn and that exports may meet or exceed the first half’s value, while imports stay high in spring. Sir James Forrest notes exports should at least equal the first half, with imports likely rising.
MENTIONED IN THIS ARTICLE
National Bank of Australasia Ltd
Melbourne
Reserve Bank
Ie Sank
Mary
Ahlan
National’ Bank
Australia
Ton
Agreement on oil prices by OPEC members and Western firms
Geneva reports that six Gulf states of OPEC and Western oil firms have agreed on immediate price stabilization. The communique states a 33 cent rise to compensate for dollar devaluation and currency changes, shielding Gulf producers from revenue losses due to Western currency shifts.
MENTIONED IN THIS ARTICLE
Geneva
AAP
Reuter
Organisation of Petroleum Exporting
We Gulf
Lowes
Also Mentioned on This Page
Bank of New and Mining
Italy
Andy Tore
Shi
Eidare
Cina
Botan
Wanoes Tong Fete
Camandhe
Nihal
Westra
Brewert
Toots Queens
Pres Mining Corp
Comalco
Demays
Agsin
Howes Reckitt
Colsnan
Herald Rose Sc
Dros
Vicker
Hm Corp
Tales Bros
Bourne
Philip Cra
Sara Morris
Mttum
Ceee
Sydney Stock Exchange
Eneg
Aii
Cali
Nmcal Fios Vadose Yoder
London
Wall Street
Jenen Teds
Naar Waaza
Banks Insurance i
Salen Mano
Tndustry
Ight Power
Assue Pulp
Leading Falls
Bros 3A
Saa Creo
Sulber
Sydney Mining
Arovegan
Uate
Senco
Raion
Business & Economics
James Forrest
National Bank
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