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Stocks to watch

BPT - BEACH ENERGY - up 19.5 cents, or 10.8 per cent, to $2

The oil and gas producer nearly tripled its profit to $577.3 million, from $198.8 million a year earlier, buoyed by a 64 per cent increase in revenue as Beach met its revised production guidance of 29.4 million barrels of oil equivalent.

NIB - NIB HOLDINGS - down 48 cents, or 6.3 per cent, to $7.15

The insurer reported net profit of $149.8 million as net premium revenue for the 12 months to June 30 increased 8.2 per cent to $2.34 billion.

NIB hiked its final dividend from 11 cents per share to 13 cents per share despite flagging increased cost-of-living pressures.

LLC - LENDLEASE - up $1.47, or 10.9 per cent, to $15.01

Lendlease Group says it will sell its engineering and services units after taking a $500 million hit related to three disappointing roadworks projects that contributed to full-year profit dropping 41.1 per cent to $467 million.

Chief executive Steve McCann called it a challenging year for the company but told analysts "our pipeline looks fantastic and I think our outlook looks very strong, in terms of delivering longer-term earnings".

SAR - SARACEN MINERALS - down 20 cents, or 5.1 per cent, to $3.71

The mid-tier goldminer has reported record full-year profit of $92.5 million, up 22 per cent from the previous financial year, and announced plans to likely pay its first dividend this financial year.

RRL - REGIS RESOURCES - down 26 cents, or 4.6 per cent, to $5.37

Another mid-tier goldminer, Regis announced it made $163.1 million in profit for the year ended June 30, down 6.3 per cent from last year.

RFR - RAFAELLA RESOURCES - flat at 19.5 cents

The junior exploration company has completed a $2.8 million capital raising at 20 cents per share to fund its acquisition and development of Spanish tin and tungsten project Galicia Tin & Tungsten.

Rafaella said it expected to begin drilling within four weeks.