Stocks to watch on the Australian stock exchange:
AFI – AUSTRALIAN FOUNDATION INVESTMENT COMPANY – up 5.0 cents, or 0.8 per cent, at $6.35
Australian Foundation Investment (AFI) has lifted half-year profit 15.6 per cent to $136.7 million, thanks to a boost in investment income.
DHG – DOMAIN – down 57 cents, or 17.2 per cent, at $2.75
Domain chief executive Antony Catalano stepped down just four months after the real estate classifieds business listed on the Australian Securities Exchange.
KGN – KOGAN.COM – down 32 cents, or 4.7 per cent, at $6.48
Shares in Kogan.com have risen after the online electronics retailer said it had enjoyed record-breaking Christmas sales.
MEA – MCGRATH – down 8.0 cents, or 13.4 per cent, at 50 cents
McGrath chief executive Cameron Judson and all but one of the real estate firm’s directors are leaving after the company issued another earnings warning.