Stocks making moves or news on the ASX at the close on Friday, October 5:
WES – WESFARMERS LIMITED – up 14 cents, or 0.3 per cent, to $49.57
Wesfarmers announced the retail giant’s shareholders will vote next month on whether the $20 billion demerger of supermarket chain Coles will proceed.
BPT – BEACH ENERGY – down eight cents, or 3.7 per cent, to $2.11
Oil and gas explorer Beach Energy has announced it will sell 40 per cent of its Victorian Otway assets to Eyal Ofer’s OG Energy for $344 million.
DXS – DEXUS – down one cent, or 0.1 per cent, to $10.27
Property group Dexus has expanded further into healthcare with a strategic investment in REIT manager Heathley Limited, which is set to list on the ASX.
CAR – CARSALES.COM LTD – up 50 cents, or 3.6 per cent, to $14.60
Brokers Credit Suisse have upgraded Carsales’ shares from neutral to outperform, while Citi upgraded the website from a sell to a buy rating.
EVN – EVOLUTION – up four cents, or 1.5 per cent, to $2.72
NCM – NEWCREST MINING – up 21 cents, or 1.1 per cent, to $19.59
NST – NORTHERN STAR RESOURCES – up 16 cents, or 1.9 per cent, to $8.64
Gold steadied as positive US economic data and prospects of tighter monetary policy offset limited gains from safe haven buying.