Stocks to watch on the Australian stock exchange at the close of trade on Friday:
AAC – AUSTRALIAN AGRICULTURAL COMPANY LTD – steady at $1.165
The chief financial officer of cattle producer Australian Agricultural Company (AACo) has resigned.
AGO – ATLAS IRON LTD – up 0.5 cents, or 0.32 per cent, at $1.575
Atlas Iron could beat its full year sales guidance after shipping more lower grade iron ore than expected in the December quarter.
LEI – LEIGHTON HOLDINGS LTD – up 92 cents, or 4.82 per cent, at $20.00
Leighton Holdings subsidiary Thiess has won a $175 million maintenance contract with Sydney Water.
RMD – RESMED INC – up 30 cents, or seven per cent, at $4.58
Sleep disorder specialist ResMed has lifted its second quarter net profit by 24 per cent to $US77.9 million ($A74.84 million), ahead of market expectations.
SFH – SPECIALITY FASHION GROUP LTD – up 27 cents, or 38.6 per cent, at 97 cents
Womenswear retailer Specialty Fashion Group says a major reason behind a huge jump in projected first half profit is that it no longer sells cheap China-made copies of overseas designs.
WHC – WHITEHAVEN COAL – steady at $3.50
Whitehaven Coal has won state planning approval for its Tarrawonga Coal Mine Expansion Project in north-west NSW.