Stocks making moves or news on the ASX at the close on Wednesday, August 8:
AMP – AMP Limited – up 13 cents, or 3.9 per cent, to $3.48
Shares in AMP closed up despite the scandal-plagued financial service company reporting a first-half profit drop of 74 per cent.
CBA – Commonwealth Bank – up $1.92, or 2.6 per cent, to $74.81
Commonwealth Bank posted a drop in annual cash profit of $9.23 billion, hit by a $700 million fine after the nation’s biggest bank broke anti-money laundering laws.
TAH – Tabcorp – up 34 cents, or 7.6 per cent, to $4.84
Tabcorp shares lifted after the company reported a return to profit in 2017/18.
CVN – Carnarvon Petroleum – up 14.5 cents, or 29.9 per cent, to 63 cents
Shares in Carnarvon Petroleum have soared following the discovery of oil at an oil field off Western Australia.