Stocks to watch on the Australian stock exchange:
BXB – BRAMBLES – up 11 cents, or 1.1 per cent, at $9.74 Logistics firm Brambles has posted a half-year profit of $US447.2 million ($A565.65 million), more than triple the result from a year ago when it had taken a major impairment.
DHG – DOMAIN HOLDINGS – up 13 cents, or 4.5 per cent, at $3.00
Domain Holdings’ first-half underlying profit has slipped 8.1 per cent to $24.7 million, on a pro forma basis, dragged down by a spike in company costs.
GSW – GETSWIFT – down $1.61, or 55.1 per cent, at $1.31
Shares in logistics software company GetSwift have shed more than half their value on their return to trading after a month-long investigation found the logistics software firm had not breached its continuous disclosure obligations.
IFN – INFIGEN ENERGY – up six cents, or 9.9 per cent, at 66.5 cents
Wind farm operator Infigen Energy’s half-year profit has jumped 25.1 per cent to $26.7 million, boosted by higher electricity prices and lower costs.
NHF – NIB HOLDINGS – up 17 cents, or 2.6 per cent, at $6.60
NIB managing director Mark Fitzgibbon says the Australian health insurance market is as soft as he can recall, after the insurer’s first-half profit dipped 1.3 per cent to $70.9 million.
OML – OOH!MEDIA – up 20 cents, or 4.5 per cent, at $4.62
oOh!media has boosted its full-year profit by more than one third to $33.2 million, with the lift powered by strong organic growth and the previous year’s acquisitions.
SEK – SEEK – up 39 cents, or 1.9 per cent, at $20.50
Job ads portal SEEK has lifted first-half profit 21 per cent to $102 million on the back of a sharp jump in revenue, and has tipped full-year profit to be in the upper end of its guidance.
WPL – WOODSIDE PETROLEUM – down $2.105, or 6.9 per cent, at $28.63
Energy giant Woodside has raised $1.57 billion through the institutional portion of a $2.5 billion rights share offer to fund the purchase of an additional stake in Western Australia’s Scarborough gas field and expansion of other gas projects.