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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Mar 31, 1972
Page
11
Equities on the Sydney Stock Exchange rose modestly with Poseidon and Pioneer Concrete among leaders amid ongoing industrial strength. Traders noted mixed gains across sectors, mining firms active, and shares hovering around key levels as midday prices drifted and the market steadied after earlier volatility.
Norman Rom Discounts reports an after tax net profit of 228 000 dollars for the half year. The figures show improved performance for the group and its subsidiaries as it eyes the next financial year with expected stronger results and ongoing project costs.
The page lists global stock activity with Sydney and London indices and Wall Street movement. It notes third day gains in some shares and a fourth day decline for others, alongside Melbourne sales and various price figures like 93248 and 460.08. The jumble includes scattered ticker snippets and market shorthand across regions.
North BH profit slumped as prices fell and higher costs hit metal output. Interim dividend remains 2d per share while annual figures were reduced by lower lead and silver prices and weaker demand, with substantial declines in royalty and taxation expectations.
London reports Britain's largest industrial complex ICI faces a crisis as 600 shareholders hear that future profit sources may falter. ICI stock fell to 195.71 pence amid dividend doubts and potential losses threaten the group’s finances.
The stock market closed mixed as mining and oil shares led a flat session. Investors watched commodity prices, with several mining firms matching gains by major oil producers amid cautious trading across sectors.
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