Stocks to watch on the Australian securities exchange:
CBA – COMMONWEALTH BANK – up 77 cents, or 1 per cent, at $79.64
The financial regulator says its inquiry into the Commonwealth Bank will pay particular attention to issues including how the lender treats risk and pays its executives as the probe enters its final months.
GFY – GODFREYS – down 5.5 cents, or 14.3 per cent, at 33 cents
Vacuum cleaner retailer Godfreys says its underlying earnings in the first half of the financial year were down more than 40 per cent from a year earlier, as like-for-like sales continued to fall in December.
SRX – SIRTEX MEDICAL – up 6 cents, or 0.2 per cent, at $27.51
Shares in liver cancer treatment developer Sirtex Medical are relatively steady after surging 46 per cent on Wednesday following the announcement a $1.6 billion takeover offer from US company Varian.
WHA – WATTLE HEALTH – up 10 cents, or 4.4 per cent, at $2.36
Infant formula, baby food and milk powders supplier Wattle Health is expanding its presence in Asia, securing its first order from Macau just a day after breaking into the India market.