Stocks to watch on the Australian stock exchange:
GSW – GETSWIFT – suspended from trading, last traded at $2.92
Getswift shares have been suspended amid allegations the logistics software group failed to tell investors it had lost contracts.
KMD – KATHMANDU – up 2 cents, or 0.9 per cent, at $2.23
Outdoor clothing and equipment retailer Kathmandu expects first-half profit to rise by at least 20 per cent following a successful Christmas trading period.
MHJ – MICHAEL HILL INTERNATIONAL – 6.5 cents, or 5.3 per cent, at $1.29
Jewellery chain Michael Hill International will exit its loss-making US stores and is assessing the viability of its Emma & Roe brands with a view to closing some shops.
STO – SANTOS – up 8.5 cents, or 1.6 per cent, at $5.265
Oil and gas producer Santos has lifted full-year revenue 20 per cent to $US3.1 billion ($A3.88 billion), with higher prices offsetting falls in production and sales volume.
WHA – WHATTLE HEALTH AUSTRALIA – up 11.5 cents, or 6.1 per cent, at $2.00
Infant formula supplier Wattle Health has reported bumper second-quarter sales, and says it will shake up the milk formula trade in 2018 on the back of key accreditation and distribution agreements at home and in China.