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Stocks to watch at close on Thursday

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Stocks to watch

KMD, NAB, RMD, WPL,

AAP

2013-02-28

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

BKL - BLACKMORES LTD - down $2.51 at $31.80

A weak Australian retail market has dampened vitamin maker Blackmores' first half profit result, as increased costs offset a boost in sales.

CGF - CHALLENGER LTD - down one cent at $3.61

Retirement funder Challenger has lifted earnings as more people seek secure retirement income.

HVN - HARVEY NORMAN HOLDINGS LTD - up 21 cents at $2.49

Harvey Norman's half year profit has dropped by 36 per cent because of weaker sales and falling property values.

LLC - LEND LEASE GROUP - up one cent at $10.65

Construction and development firm Lend Lease has sold its 30 aged care homes to a private equity firm for $270 million.

NZO - NEW ZEALAND OIL & GAS LTD - in trading halt, last traded at 76.5 cents

New Zealand Oil & Gas has asked to be placed in a trading halt for around four hours on the New Zealand and Australian stock exchanges, pending "a material announcement regarding how NZOG progresses with a material asset".

PAG - PRIMEAG AUSTRALIA LTD - down 1.5 cens at $1.205

The continued high value of the Australian dollar could hurt agricultural investor PrimeAg Australia's full year financial results.

PPT - PERPETUAL LTD - up $1.66 at $41.12

Fund manager Perpetual's first half profit has grown by 19 per cent as it continues to cut costs.

TWE - TREASURY WINE ESTATES LTD - up 40 cents at $5.30

Winemaker Treasury Wine Estates has urged the federal and state governments to provide more support for the Australian wine sector as it battles the high value of the Australian dollar.

VTG - VITA GROUP LTD - up nine cents at 57 cents

TEL - TELSTRA AUSTRALIA LTD - up 4.5 cents at $1.955

Vita Group first half net profit has almost tripled as it benefitted from Telstra's strong performance in the mobile market.

WOW - WOOLWORTHS LTD - up 92 cents at $34.93

Woolworths' first half profit has grown to $1.15 billion as earnings from its supermarkets rose by six per cent.

YAL - YANCOAL AUSTRALIA LTD - up two cents at 85 cents

Chinese-owned Yancoal Australia plans to cut costs and increase coal production after posting a 34 per cent increase in full year profit.