Stocks to watch on the Australian stock exchange on Thursday:
ASX - ASX - up 50 cents, or 1.2 cent, at $42.48
The volume of trades on Australia's stock exchange jumped 39 per cent in February as the majority of listed companies delivered earnings reports.
BHP - BHP BILLITON - up 52 cents, or 3.1 cent, at $17.25
BHP Billiton's Samarco joint venture will pay up to $US2.3 billion ($A3.15 billion) over six years after reaching a settlement with Brazilian authorities over a deadly dam spill in November.
MGC - MGC PHARMACEUTICALS - up four cents, or two per cent, at four cents
Medical cannabis producer MGC Pharmaceuticals has struck a deal with an Israeli therapeutics start-up to develop an intra-nasal treatment for epilepsy.
ORG - ORIGIN ENERGY - up 25 cents, or 5.3 per cent, at $4.96
Oil and gas producer Origin Energy says its Australia Pacific liquefied natural gas (APLNG) facility has switched to operating phase after shipping its sixth cargo.
STO - SANTOS - up nine cents, or 2.5 per cent, at $3.69
Oil and gas producer Santos has sold its stake in the Kipper gas field off the coast of Victoria to Japan's Mitsui for $520 million.
TWE - TREASURY WINE ESTATES - up two cents, or 0.2 cent, at $9.39
The maker of world famous wines, including Penfolds and Wolf Blass, has increased chief executive Michael Clarke's pay package almost 30 per cent for turning the company around.