Stocks of interest at the close of trade on the ASX on Tuesday, November 27:
BHP – BHP BILLITON – up 44 cents, or 1.45 per cent, to $30.87
BHP has identified a potential new iron oxide, copper and gold mineralised system near its Olympic Dam operations in South Australia as part of a copper exploration program.
TPW – TEMPLE AND WEBSTER – up 0.5 cents, 0.44 per cent, $1.15
The homewares retailer, which expects to make a first full-year profit this year, says its focus on online sales should help it withstand the softening housing market.
HVN – HARVEY NORMAN – up nine cents, 2.99 per cent, to $3.10
Sales at Harvey Norman’s Australian franchisee-operated stores have been slightly lower so far this financial year.
ORG – ORIGIN ENERGY – up two cents, or 0.30 per cent, to $6.66
Origin Energy Ltd, Australia’s top electricity and gas retailer, said on Tuesday that its stake in the Australia Pacific LNG project earned record revenue in the June quarter, thanks to higher prices and increased production.