Stocks to watch at noon on Tuesday

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

KMD - KATHMANDU - down 14.5 cents, or 9.24 per cent, at $1.425

Outdoor equipment retailer Kathmandu has warned that second half sales are below last year's, with consumer discretionary spending weak as it swings to a first half loss.

NHC - NEW HOPE CORPORATION - up 6.00 cents, or 2.42 per cent, at $2.54

Queensland resources group New Hope Coal has slumped to a $23.1 million first half net loss due to write-downs of its oil and gas assets.

QAN - QANTAS AIRWAYS - down 6.5 cents, or 2.14 per cent, at $2.975

Plans by Qantas and China Eastern to expand their alliance have come under a cloud after the competition watchdog expressed concern about it possibly leading to higher airfares.

TPM - TPG TELECOM - up 17 cents, or 1.93 per cent, at $9.00

IIN - IINET - down 17 cents, or 1.93 per cent, at $8.68

A solid lift in first half profit has put TPG Telecom on track to increase its full year earnings by up to a third.

WPL - WOODSIDE PETROLEUM - up 4.00 cents, or 0.11 per cent, at $35.57

Woodside Petroleum is cutting 300 jobs and freezing pay as the energy giant slashes expenditure following a plunge in the oil price.

Market Data

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