Stocks to watch on the Australian stock exchange:
STO – SANTOS – down 5.0 cents, or 1.0 per cent, at $4.93
ORG – ORIGIN ENERGY – up 1.0 cent, or 0.1 per cent, at $8.82
OSH – OIL SEARCH – down 8.0 cents, or 1.1 per cent, at $7.07
The energy sector is lower on Tuesday after oil prices fell as investors grapple with ongoing concerns over rising US output and tight OPEC supply.
SMP – SMARTPAY – up 5.5 cents, or 39.3 per cent, at 19.5 cents
Smartpay has signed an agreement with Alipay, China’s largest online and mobile payments provider, which will allow Alipay mobile wallet users to pay through Smartpay eftpos terminals across both Australia and New Zealand .
WPL – WOODSIDE PETROLEUM – down 8.0 cents, or 0.3 per cent, at $28.86
BHP – BHP BILLITON – down 24 cents, or 0.8 per cent, at $28.67
Woodside Petroleum has confirmed it will operate the Scarborough gas field after securing the support of co-stakeholder BHP Billiton for its purchase of ExxonMobil’s 50 per cent stake in the Western Australia field.