1min read
PREVIOUS ARTICLE US industries plead for end to... NEXT ARTICLE Opal developer drops bid to bu...

Stocks of interest at the close of trade on the ASX on Thursday, January 24.

NAB – NATIONAL BANK AUSTRALIA – up seven cents, or 0.29 per cent to $24.58

After months of resistance NAB has finally joined its big four rivals in hiking variable mortgage rates for both owner-occupiers and investors, citing funding costs and shareholders.

OZ MINERALS – up 31 cents, or 3.38 per cent to $9.47

Miner Oz Minerals Ltd says fourth-quarter copper production has fallen about 1.4 per cent on weaker output from its Prominent Hill project, and that production in 2019 was expected to fall further.

STO – SANTOS – up 23 cents, or 3.86 per cent to $6.19

The country’s number two independent gas producer Santos expects 2019 production to rise by up to 32 per cent, boosted by the acquisition of Quadrant assets.

WHC – WHITEHAVEN COAL – up 20 cents, or 4.35 per cent to $4.80

The local energy sector was by far the best performer at the close on Thursday.

NST – NORTHERN STAR – down 47 cents, or 5.41 per cent to $8.21

SBM – ST BARBARA – down 22 cents, or 4.69 per cent to $4.47

Gold miners Northern Star and St Barbara both received broker downgrades after weak quarterly numbers.