Trading Room home page

Stocks to watch at close on Wednesday

Market watch top headlines

Australian reports

World reports

Stocks to watch

AMP, AIO, BRG, IIN, MGR, ORG, QAN, SUL, SYD, TTS, TWE, VRL, WPL,

AAP

2012-11-14

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

BRG - BREVILLE GROUP LTD - down four cents at $5.80

Kitchen appliance maker Breville expects its earnings to rise by 10 per cent to about %50 million in the first half of the 2012/13 financial year.

BWD - BLACKWOOD CORPORATION LTD - steady at 18 cents

Mining magnate Nathan Tinkler's Mulsanne Resources and coal explorer Blackwood Corporation have been given another week to work out a settlement over a $28.4 million debt before returning to court.

CSR - CSR LTD - up 11 cents at $1.665

The property downturn has caused a 50 per cent profit fall for building products maker CSR, which says a recovery in the sector is unlikely before mid-2013.

DLX - DULUXGROUP LTD - down three cents at $3.27

Paint maker DuluxGroup has posted a lower annual profit but forecasts an improvement in its underlying performance in the year ahead.

LEI - LEIGHTON HOLDINGS LTD - down seven cents at $16.64

BCS - BRISCONNECTIONS UNIT TRUSTs - suspended from trading, last traded at 40 cents

Construction giant Leighton Holdings has written off its $63 million investment in troubled Brisbane toll road operator BrisConnections.

PSH - PENRICE SODA HOLDINGS LTD - steady at 7.3 cents

Adelaide soda ash producer Penrice Soda Holdings has settled an insurance claim over a forced plant shutdown for $2.5 million.

SGT - SINGAPORE TELECOMMUNICATIONS LTD - steady at $2.47

Australia's second largest telco, Optus, says its rollout of 4G services (high-speed data services for mobile phones) is proceeding well but it won't yet reveal its subscriber numbers.

WEB - WEBJET LTD - down 62 cents at $3.51

Online travel company Webjet has indicated its net profit may fall in the current financial year due to the cost of expansion and a slow travel market.

WES - WESFARMERS LTD - up 19 cents at $33.94

Wesfarmers' chief executive says the company is performing in line with its profit guidance so far this financial year and its retail businesses are continuing to grow.