Stocks to watch at noon on Wednesday

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

FXL - FLEXIGROUP - up 16 cents, or 4.57 per cent, at $3.66

SPK - SPARK NEW ZEALAND GROUP - up 0.5 cents, or 0.16 per cent, at $3.185

Australian finance group FlexiGroup will become New Zealand's biggest IT leasing company, after snapping up Telecom Rentals.

IAG - INSURANCE AUSTRALIA GROUP - up 3.50 cents, or 0.61 per cent, at $5.795

Insurance Australia Group is facing claims of up to $90 million as a result of devastation caused by Cyclone Marcia in Queensland.

MQG - MACQUARIE GROUP - in trading halt, last traded at $73.52

Macquarie Group wants to raise $500 million to help fund its $4 billion acquisition of the AWAS aircraft operating lease portfolio.

NRT - NOVOGEN - up 8.00 cents, or 61.54 per cent, at 21 cents

A drug developed by an Australian biotech is showing promise in destroying stubborn brain cancer cells in children and adults.

Market Data

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