1min read
PREVIOUS ARTICLE Bitcoin extends slump on Goldm... NEXT ARTICLE James Hardie names successor f...

Stocks of interest on the Australian share market at the close on Thursday, September 6.

BHP – BHP – down 80 cents, or 2.5 per cent, to $31.40

RIO – RIO TINTO – up 62 cents, or 0.9 per cent, to $70.30

S32 – SOUTH32 – up eight cents, or 2.4 per cent, to $3.47

Materials stocks bounced back as the price of copper rallied a little, although BHP shares dipped after going ex-dividend.

GNC – GRAINCORP – up 12 cents, or 1.5 per cent, to $8.01

Graincorp has lifted its full-year profit guidance despite the crippling eastern Australia drought, buoyed by demand for malt from the North American craft beer boom.

IOF – INVESTA OFFICE FUND – up 10 cents, or 1.8 per cent, to $5.54

Investa Office Fund says Blackstone is prepared to hike its buyout offer by 3.2 per cent to exceed one by Canada’s Oxford Properties Group, adding fuel to a bidding war for the office landlord.

SIG – SIGMA HEALTHCARE – down seven cents, or 11.6 per cent, to 53.5 cents

Sigma Healthcare shares have slumped after the pharmaceuticals supplier revealed a slump of more than 50 per cent in first-half profit to $13.4 million, partly due to restructuring costs following the loss of its contract to supply Chemist Warehouse in July.

TLS – TELSTRA – up 10 cents, or 3.3 per cent, at $3.12

Telstra trimmed its full-year earnings guidance range, saying a lower than expected number of NBN customers ready for connection would affect FY19 NBN receipts. The telco said the slowed rollout would have a longer-term financial benefit.