Stocks to watch at close on Wednesday

Stocks to watch on the Australian stock exchange at close on Wednesday:

FMG - FORTESCUE METALS GROUP - up 11 cents, or 6.2 per cent, at $1.885

Two Chinese firms are reportedly eyeing Fortescue's assets, and Fortescue said it has not reached any agreements with potential investors.

GMA - GENWORTH MORTGAGE INSURANCE - steady at $3.51

Reporting a flat half year underlying profit, Genworth Mortgage Insurance says loan delinquencies increased by 8.4 per cent on the corresponding period last year, driven by mining-related unemployment in Western Australia and Queensland.

QFX - QUICKFLIX - steady at 0.2 cents

After its efforts to find an Australian partner fell through, struggling online streaming service Quickflix has turned its sights on China.

SHJ - SHINE CORPORATE - up 14 cents, or 5.45 per cent, at $2.71

Law firm Shine Corporate has bought West Australian injury law specialist Bradley Bayly for $13.3 million.

SKE - SKILLED GROUP - up six cents, or 3.8 per cent, at $1.64

PRG - PROGRAMMED MAINTENANCE SERVICES - up 10 cents, or four per cent, at $2.60

Two major gas projects off the coast of Western Australia have contributed to strong earnings growth for takeover target Skilled Group.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7033-0.0077-1.08%
    AUDUSD=X
    0.4587-0.0047-1.01%
    AUDGBP=X
    0.6245-0.0098-1.55%
    AUDEUR=X