Trading Room home page

Stocks to watch at close on Wednesday

Market watch top headlines

Australian reports

World reports

Stocks to watch

GPT, LLC, LEI, SGT,

AAP

2012-08-01

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

BPT - BEACH ENERGY LTD - down 1.5 cents at $1.085

Oil and gas producer Beach Energy's chairman Bob Kennedy is stepping down after almost 17 years in the position.

CTY - COUNTRY ROAD LTD - steady at $3.28

WOW - WOOLWORTHS LTD - up 15 cents at $28.72

Country Road has agreed to buy fellow fashion retailer Witchery Australia for $172 million.

CWN - CROWN LTD - up two cents at $8.47

Casino operator Crown plans to spend $568 million building a new six-star hotel at its Burswood complex in Perth.

NUF - NUFARM LTD - down nine cents at $5.38

Agricultural chemicals supplier Nufarm Ltd has conditionally agreed to pay $43.5 million to settle legal proceedings brought against the company by some of its shareholders.

PPX - PAPERLINX LTD - up 1.7 cents at 6.7 cents

The man who tried to unseat PaperlinX chairman Harry Boon has been appointed to the board of the struggling paper merchant.

RIO - RIO TINTO LTD - up 33 cents at $53.53

Global miner Rio Tinto will soon start cutting office jobs in Melbourne and Sydney to deal with falling commodity prices and soaring costs.