Stocks to watch on the Australian stock exchange:
ANZ – ANZ BANKING GROUP – up 18 cents, or 0.6 per cent, at $28.17
ANZ has agreed to sell its 55 per cent stake in ANZ Royal Bank in Cambodia to Japanese financial house J Trust, which will equate to a $30 million loss.
CSL – CSL LTD – up $7.26, or 4.1 per cent, at $182.95
CSL has lifted its full-year profit guidance by 28 per cent thanks to strong sales of products, including its Seqirus flu vaccine in the northern hemisphere.
Top Australian Brokers
GFY – GODFREYS – up 2 cents, or 6.5 per cent, at 33 cents
Two major shareholders of Godfreys have agreed to sell their stake in the vacuum cleaner merchant to the 99-year-old co-founder of the business, John Johnston, clearing a path for his takeover bid.
WPL – WOODSIDE PETROLEUM – up 2 cents, or 0.1 per cent, at $34.31
STO – SANTOS – up 5 cents, or 0.8 per cent, at $6.25
OSH – OIL SEARCH – steady at $8.55
ORG – ORIGIN ENERGY – up 32 cents, or 3.3 per cent, at $10.10
Oil prices have jumped, taking the Australian energy sector with them.