Stocks of interest at the close of trade on the ASX on Wednesday, January 16.
ASL – AUSDRILL – up 10 cents, or 8.51 per cent, to $1.275
Ausdrill shares bounced back after heavy losses on Tuesday, when the mining services company announced the resignation of its chief financial officer Theresa Mikota.
NGI – NAVIGATOR GLOBAL – up 18 cents, or 6.25 per cent, to $3.06
Shares in the fund manager were up despite the company dropping more than $US1.4 billion in assets under management over the December quarter.
FRM – FARM PRIDE FOODS – down 1 cent, or 1.3 per cent, to 78 cents
The egg producer says it expects the factors placing pressure on trading conditions – namely dry weather and oversupply – won’t to let up any time soon.
SYR – SYRAH RESOURCES – up 5.5 cents, or 2.78 per cent, to $2.03.
The graphite producer’s shares are up following a recent production update for its Balama operation in Mozambique.
APX – APPEN – up 63 cents, or 4.42 per cent, to $14.88
Shares in the digital language services company approaching a record high as the tech-heavy NASDAQ starts the year strongly, building confidence in tech shares.
ILU – ILUKA RESOURCES – down 37 cents, or 4.77 per cent, to $7.39
The mineral sands miner is down as the materials sector shows signs of broader weakness.