Stocks to watch on the Australian stock exchange:
SUN – SUNCORP – down 16 cents, or 1.15 per cent, at $13.72
Suncorp has flagged a cost hit of between $160 and $170 million in its first-half results, following a flood of insurance claims relating to Melbourne’s hailstorm in December.
VOC – VOCUS GROUP – up 12 cents, or 3.82 per cent, at $3.26
Vocus Group has appointed Bellamy’s chairman John Ho as a non-executive director.
YOW – YOWIE GROUP – up 1.5 cents, or 9.09 per cent, at 18 cents
Yowie shares have continued their recovery from last week’s dive, suggesting investors are happy with the company’s response to an ASX request for detail on the timing of its recent guidance update.