Stocks to watch on the Australian stock exchange:
AMP – AMP LTD – down 1.0 cent, or 0.2 per cent, at $4.11
Two of the three AMP directors who were going to stand for election at this week’s annual general meeting have resigned rather than risk a protest vote following the revelations heard at the banking royal commission.
HSO – HEALTHSCOPE – up 8.0 cents, or 3.3 per cent, at $2.48
Canadian-based NorthWest Healthcare has acquired a 10 per cent stake in Healthscope, Australia’s second largest private hospitals operator, at a price of $2.39 per share.
NCM – NEWCREST MINING – down 25 cents, or 1.2 per cent, at $21.57
NST – NORTHERN STAR – down 13 cents, or 2.0 per cent, at $6.50
EVN – EVOLUTION – down 5.0 cents, or 1.5 per cent, at $3.26
Gold prices have fallen, ending three days of gains as the US dollar index climbed to the highest level it has reached this year.
SGP – STOCKLAND – up 1.0 cent, or 0.2 per cent, at $4.20
Stockland has announced that it will sell retail centre, Stockland Wallsend in Newcastle, and an office building at 77 Pacific Highway in North Sydney for a combined total of $193.35 million. This takes the company’s total commercial property sales in 2018 to $306 million.