Stocks of interest on the Australian share market on Monday:
ANZ – ANZ BANK – down 24 cents, or 0.8 per cent, at $29.12
CBA – COMMONWEALTH BANK – down 66 cents, or 0.9 per cent, at $75.24
NAB – NATIONAL AUSTRALIA BANK – down 15 cents, or 0.5 per cent, at $28.15
WBC – WESTPAC- down 27 cents, or 0.9 per cent, at $29.63
Banking shares dipped in line with the overall market as investors wait on reporting season to kick off in earnest.
APT – AFTERPAY TOUCH GROUP – up 66 cents, or 4.6 per cent, to $15.04
After gaining 38 per cent across three sessions at the end of last week, buy now-pay later service provider Afterpay has continued to surge following its positive market update and broker upgrade.
BHP – BHP BILLITON – down 46 cents, or 1.4 per cent, at $32.45
RIO – RIO TINTO – down 20 cents, or 0.3 per cent, at $79.88
BHP has been served with a Federal Court class action over investor losses following the fatal Samarco dam disaster in Brazil, while iron ore prices dipped and fears persisted over a US-China trade war that could limit demand for materials.
NUF – NUFARM – down 93 cents, or 11.1 per cent, at $7.48
Nufarm shares fell after the agricultural chemicals supplier blamed a lack of autumn rain across the country for a poor winter growing season and a steep drop in full-year earnings.
WES – WESFARMERS – down 65 cents, or 1.3 per cent, at $49.35
Wesfarmers will keep a 15 per cent stake in Coles following its demerger and listing in November, with the supermarket following a similar dividend strategy to its former owner.