Stocks of interest at the close of trade on the ASX on Thursday, February 7.
RIO – RIO TINTO – up 1.34 per cent, or $1.22, to $92.20.
The miner hit a 10-year high. On Wednesday, its shares closed above $90 for the first time since 2008. Brazilian miner Vale has declared force majeure on some iron ore contracts after one of its dams collapsed, sending shares in other miners higher.
FGM – FORTESQUE METALS – up 0.99 per cent, or 6 cents, to $6.14.
The stock reached a two-year high, and is up more than 47 per cent since the start of the year. Its shares are similarly up on the Vale disaster.
SSM – SERVICE STREAM – up 5.37 per cent, or 11 cents, to $2.16.
Shares in the network services company hit an all-time high. Its share price is up more than tenfold since early 2015.
MGR – MIRVAC GROUP – up 3.25 per cent, or 8 cents, to $2.54.
The property developer and manager says its first-half profits rose 39 per cent and said demand for its residential developments is holding up amid the housing market downturn.
AGL – AGL ENERGY LTD – down 4.78 per cent, or $1.06, to $21.10.
The power and generator and provider reported a 10 per cent lift in underlying profit to $537 million, and was tracking at the mid-point of its guidance range.