Stocks to watch on the Australian stock exchange:
A2M – THE A2 MILK COMPANY – up 18 cents, or 2.4 per cent, at $7.60
Dairy producer The A2 Milk Company is dramatically expanding its business in the United States, rolling out its products across the north-east of the country to give it a presence in 5,000 stores nationwide.
OZL – OZ MINERALS – up 9 cents, or one per cent, at $9.17
Oz Minerals says it is in a good place to enable its growth plans with fourth-quarter gold production up 34 per cent on the previous three months and exceeding the miner’s 2017 guidance.
S32 – SOUTH32 – down 6 cents, or 1.5 per cent, at $3.92
Diversified miner South32 has boosted its expectations for South Africa manganese production and maintained full-year guidance for all other products after a solid first-half performance.
SRX – SIRTEX MEDICAL – up $2.18, or 13.9 per cent, at $17.83
Sirtex Medical shares have surged after the liver cancer treatment specialist flagged improved first-half earnings and a turnaround in second-half sales.