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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Mar 24, 1972

Page

6

Mining shares lead gains in mixed Sydney market

Continuing gains across sectors lift Australian shares with heavy activity in mining, banking, and industrials. notable movers include nickel, uranium, and diversified miners while some firms show restrained progress amid mixed investor sentiment in Melbourne and Sydney trading rooms.

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Sydney Stock Exchange Prices Edge Higher Amid Mixed Gains

The Sydney Stock Exchange shows modest gains with the overall index nudging higher as leading rises and falls mix. Trading highlights include oil index up 4.43 to 174.62 on Eleventh day, while broad activity signals cautious optimism amid fluctuating shares and services.

Thiess molds profit rise amid cost provisions

Thiess Mouldings Ltd reports a strong profit recovery with net profit rising to 1183.745 million after provisions, despite higher costs and a softer year. The group maintains dividends around 7 percent and notes reduced revenue due to policy shifts away from unprofitable markets, with sales impacted by lower volumes and economic headwinds.

Thess Moldings Ltd Tatest

Greenvale railway contract awarded to Thiow Aras and John Holland

A 30 million contract for the Greenvale railway was awarded to Thiow Aras My Ltd and John Holland (Cone strucians) Pty. The project covers railway formation culverts and drainage for 144 spans, with John Holland to manage surveying and laying work starting in March and completing by year’s end. Major bridges will be built by John Holland across the Bun dekin Rover and the Star Clarke and Keelhuttom Rivers, including a large 2 m feet span.

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Also Mentioned on This Page

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