Stocks to watch on the Australian stock exchange:
AMC – AMCOR – up 8 cents, or 0.6 per cent, at $14.38
Global packaging company Amcor has lifted its half-year net profit 15 per cent to $US329.7 million ($A461.6 million) thanks to growth in earnings, expanded margins, strong returns and progress on key investments.
ANN – ANSELL – down 96 cents, or 3.9 per cent, at $23.86
Protective gloves and clothing supplier Ansell has lifted its full-year outlook for earnings per share from its continuing businesses and says the group is well placed for growth from existing operations, and acquisitions.
AZJ – AURIZON HOLDINGS – up 9 cents, or 1.96 per cent, at $4.69
Aurizon Holdings first-half profit has jumped 52 per cent on the previous corresponding period, when its accounts were weighed down by impairments and one-off items.
BEN – BENDIGO and ADELAIDE BANK – down 23 cents, or 2.1 per cent, at $11.00
Bendigo and Adelaide bank lifted first-half cash profit 10.7 per cent to $225.3 million in a performance boosted by mortgage rate rises and an increase in residential lending
JBH – JB HI-FI – down $2.25, or 8.0 per cent, at $25.86
Retailer JB Hi-Fi has lifted first-half profit but its shares slumped after the company warned of margin pressures and issued lower-than-expected guidance.