Stocks to watch on Wednesday

Written by admin on 30/07/2019 Categories: 佛山桑拿

Stocks to watch on the Australian stock exchange on Wednesday, April 16:

BLX – BEACON LIGHTING GROUP – up 40 cents, or 60.

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6 per cent, at $1.06

Australia’s largest retailer of residential lighting, ceiling fans and light globes has enjoyed a bright start to life on the share market.

BRL – BATHURST RESOURCES – in a trading halt, last traded at seven cents

Bathurst Resources says it needs an extra day to complete a discounted share placement raising funds to develop its controversial Escarpment open-cut coal mine on the Denniston Plateau near Westport.

CCL – COCA-COLA AMATIL – up three cents, or 0.3 per cent, at $9.09

Ratings agency Standard and Poor’s has downgraded Coca-Cola Amatil’s credit rating in the wake of a slide in the the beverage giant’s earnings.

IAG – INSURANCE AUSTRALIA GROUP – up three cents, or 0.55 per cent, at $5.49

Insurance Australia Group has reaffirmed its full year guidance for gross written premium growth of three to five per cent.

NUF – NUFARM – up eight cents, or 2.0 per cent, at $4.07

Agricultural chemicals manufacturer Nufarm will close its New Zealand manufacturing plant and shift regional production to Victoria.

OZL – OZ MINERALS – up nine cents, or 2.4 per cent, at $3.84

OZ Minerals says a dozen parties are looking at buying the company’s key growth asset, the Carrapateena copper project in South Australia.

RIO – RIO TINTO – up nine cents, or 0.1 per cent, at $63.35

Rio Tinto produced and shipped less iron ore during the first three months of 2014 after bad weather affected its ports and mining operations in Western Australia.

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