Stocks to watch at close on Wednesday

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

AHY - ASALEO CARE - up 1.5 cents, or 0.8 per cent, at $1.87

The company behind Sorbent toilet paper and Libra tampons is on track to increase its profit this year.

BHP - BHP BILLITON - down 33 cents, or 1.1 per cent, at $30.27

BHP has shrugged off price worries to lift iron ore production guidance for this year by two per cent to 250 million tonnes but has delayed growth beyond that.

BOL - BOOM LOGISTICS - down one cent, or 7.7 per cent, at 12 cents

Boom Logistics, a major supplier of cranes to mining companies, is warning shareholders of a big dip in profit during the second half of the financial year.

DXS - DEXUS PROPERTY GROUP - down 18 cents, or 2.4 per cent, at $7.37

Dexus has raised $400 million from the issue of new securities to institutional investors, and plans to raise a further $50 million from securityholders to fund new investments.

NAB - NATIONAL AUSTRALIA BANK - down 47 cents, or 1.2 per cent, at $38.11

National Australia Bank is pushing ahead with its planned selldown of its stake in US agribusiness lender Great Western Bank.

PNA - PANAUST - up 0.5 cents, or 0.3 per cent, at $1.74

Gold and copper miner PanAust is open to an increased takeover offer after rejecting a $1.1 billion Chinese approach.

RHC - RAMSAY HEALTH CARE - down 25 cents, or 0.4 per cent, at $64.65

International hospital provider Ramsay Health Care has agreed to lease Vital Healthcare Property Trust's Allamanda Private Hospital for the next 21 years.

SGT - SINGAPORE TELECOMMUNICATIONS - down three cents, or 0.7 per cent, at $4.14

The Singapore-based company behind telco Optus has received approval to remove itself from the Australian share market.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.8019+0.0168+2.15%
    AUDUSD=X
    0.5230+0.0075+1.46%
    AUDGBP=X
    0.7298+0.0085+1.18%
    AUDEUR=X