Stocks of interest on the Australian stock exchange and their moves this week.
SIG – SIGMA HEALTHCARE – down 31 cents, or 38.3 per cent, to 50 cents
Sigma shares have plunged to a seven-year low after the company announced it had lost its contract to supply the Chemist Warehouse discount chemist chain from mid-2019.
AHG – AUTOMOTIVE HOLDINGS GROUP – down 31 cents, or 10.9 per cent, to $2.54
Shares in Automotive Holdings Group slumped as much as 10 per cent after China’s debt-saddled HNA Group cancelled the $A280 million ($US207 million) purchase of the Australian firm’s refrigerated trucking arm.
DMP – DOMINOS PIZZA – down $3.15, or 6 per cent, to $49.07
Domino’s Pizza shares tumbled to their lowest level in more than a month on Thursday as investors dumped the stock amid analysts’ downgrades.
BAL – BELLAMY’S AUSTRALIA – down $3.05, or 19.6 per cent, to $12.49
Bellamy’s shares hit their lowest level since January after Goldman Sachs revised down earnings expectations for the infant formula maker on worries about feared regulatory delays in China.
ELD – ELDERS – down $1.40, or per cent, to
Shares in the rural services group fell after the company delivered an earnings update that foreshadowed its full-year earnings will be flat due to the impact of drought across large parts of Australia.