Stocks to watch at close on Wednesday

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

CVW - CLEARVIEW - down one cent, or one per cent, at $1.03

Life insurer and financial adviser ClearView Wealth's half year profit has been boosted by increased life insurance premiums and sales.

CWP - CEDAR WOODS - up 30 cents, or 5.2 per cent, at $6.05

A booming housing market booming and record low interest rates have property developer Cedar Woods expecting a record annual profit.

DLX - DULUXGROUP - up five cents, or 0.8 per cent, at $6.11

Paint maker DuluxGroup has agreed to acquire Sydney-based Porter's Paints for an undisclosed sum.

MAH - MACMAHON - up 1.1 cents, or 32.4 per cent, at 4.5 cents

Troubled mining services contractor Macmahon Holdings has fallen into the red with a first half loss of $112.45 million.

MOC - MORTGAGE CHOICE - down 16 cents, or 5.5 per cent, at $2.74

Mortgage Choice says the outlook for home loan approvals into 2016 looks positive amid the booming property market.

MVF - MONASH IVF - up 0.5 cents, or 0.4 per cent, at $1.405

Monash IVF expects to continue to expand despite a contraction in key markets for assisted reproductive services.

RFG - RETAIL FOOD GROUP - up $1.00, or 15.3 per cent, at $7.54

The owner of Gloria Jean's and Michel's Patisserie expects earnings to continue to rise despite sluggish consumer confidence.

SRF - SURFSTITCH - up 3.5 cents, or 2.95 per cent, at $1.22

Online retailer SurfStitch has maintained its full year forecast of $5.1 million in underlying earnings.

SUN - SUNCORP - up 27 cents, or 1.95 per cent, at $14.13

Financial services giant Suncorp has received 4,300 claims in relation to the devastation caused by Cyclone Marcia in Queensland.

SVW - SEVEN GROUP - up 67 cents, or 10.8 per cent, at $6.85

Kerry Stokes' Seven Group will conduct a new share buy back and cut more jobs after first half profit dived 74 per cent.

SXL - SOUTHERN CROSS MEDIA - up 17 cents, or 18.2 per cent, at $1.105

Southern Cross Austereo wants to put a dismal 2014 behind it as it pins its hopes on a new breakfast radio team in Sydney and improved ratings from its TV affiliate, Ten.

VED - VEDA GROUP - down four cents, or 1.7 per cent, at $2.31

Credit information provider Veda has swung back into the black with a first half profit and expects a small lift in full year earnings.

WFD - WESTFIELD CORPORATION - down five cents, or 0.5 per cent, at $10.09

Westfield Corporation co-chief executive Peter Lowy has cancelled plans to step down from his role with the international shopping centre giant.

WOR - WORLEYPARSONS - down $1.37, or 12.2 per cent, at $9.86

WorleyParsons shares have been hammered, with investors unwilling to back the engineering group despite a solid profit and its insistence it was well placed financially.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7759-0.0002-0.02%
    AUDUSD=X
    0.50520.000.00%
    AUDGBP=X
    0.69390.000.00%
    AUDEUR=X