Stocks to watch at noon on Thursday

Stocks to watch on the Australian stock exchange at noon on Thursday:

CIM - CIMIC - up 30 cents, or 1.28 per cent, at $23.66

Construction giant CIMIC says it remains on track to meet its its full year profit forecasts.

FMG - FORTESCUE METALS GROUP - down nine cents, or 5.14 per cent, at $1.66

Fortescue Metals increased its iron ore shipments by 33 per cent in the 2014/15 financial year while also cutting costs.

MQG - MACQUARIE GROUP - up 83 cents, or 0.98 per cent, at $85.29

Macquarie Group shares have hit a record high after the company lifted its full year guidance.

NCM - NEWCREST MINING - up 39 cents, or 3.38 per cent, at $11.92

Newcrest Mining has lifted its profit margins thanks to lower production costs and a weaker Australian dollar.

QAN - QANTAS - up eight cents, or 2.19 per cent, at $3.73

Qantas will offer discount fares to small and medium business owners in an effort to shore up its share of the crucial premium traveller market.

Market Data

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