A round up of some of the movers on the ASX during this week
Market watch top headlines
Australian reports
- Aust markets: Aussie markets receive positive leads
- Aust dollar report: $A opens higher on firm US data
- Aust credit close: Bonds weaker after rebound
World reports
- World commodities: Oil prices climb higher
- World markets: Stocks rise on positive economic data
SYDNEY, March 19 AAP
March 19 2010, 4:24PM
A round up of some of the key stock movements on the Australian Stock Exchange in the trading week to Friday, March 19:
AOE - ARROW ENERGY LTD - last traded at $5.29
Shares in gas explorer Arrow Energy have are in a trading halt, as the companyprepares to release further information on the bid to take it over from energy giants Shell and PetroChina.
CBA - COMMONWEALTH BANK OF AUSTRALIA LTD - $56.21
The Australian Investments and Securities Commission is talking to those involved in the Storm Financial collapse to see if a commercial resolution can be reached.
NAB - NATIONAL AUSTRALIA BANK LTD - $26.90
National Australia Bank has released financial information for the past two fiscal years in the format that it will use in future, beginning with the bank's 2010 financial results.
RIO - RIO TINTO LTD - $76.19
Mining giant Rio Tinto Ltd has struck a deal with Aluminum Corporation of China (Chinalco) to develop the Simandou iron ore reserve in west Africa.
BHP - BHP BILLITON LTD - $43.20
BHP Billiton Ltd is cautious about the state of the world economy and is warning governments to be careful about tax changes and winding back stimulus packages.
TLS - TELSTRA CORPORATION LTD - $3.17
Telco Telstra Corporation says there is a significant gap between it and NBN Co on the proposed financial outcome of the proposed national broadband network (NBN).
DJS - DAVID JONES LTD - $4.92
Luxury retailer David Jones Ltd reckons it might be hard to reach the top end of its 2011 guidance despite posting its highest first half profit since listing 15 years ago.
SEV - SEVEN NETWORK LTD - $7.75
Seven Network Ltd shareholders have five weeks to consider the proposed merger with Kerry Stokes' privately owned industrial equipment business.
AWB - AWB LTD - 94.5 cents
Shares in AWB fell earlier this week after the agribusiness downgraded its annual profit guidance.
