Stocks to watch on the Australian stock exchange on Wednesday:
APN – APN NEWS & MEDIA LTD – up 1.5 cents, at 87 cents
FXJ – FAIRFAX MEDIA LTD – unchanged at 80 cents
MRN – MACQUARIE RADIO LTD – unchanged at 84 cents
NWS – NEWS CORPORATION – up 30 cents, or 1.95 per cent, at $15.65
SWM – SEVEN WEST MEDIA LTD – down three cents, or 1.06 per cent, at $2.80
SXL – SOUTHERN CROSS MEDIA GROUP LTD – up three cents, or 2.8 per cent at $1.10
TEN – TENNETWORK HOLDINGS LTD – down half a cent at 89 cents
Labor and the Australian Greens are expected to finalise details of a parliamentary inquiry into the media.
LEI – LEIGHTON HOLDINGS LTD – up 33 cents or 1.85 per cent, at $18.15
Leighton Holdings has been awarded a $US300 million ($A290.11 million) Oman government roads building contract.
WOW – WOOLWORTHS LTD – down 18 cents at $24.16
A representative from supermarket giant Coles is preparing to front Queensland dairy farmers impacted by the milk price war.
WDC – WESTFIELD GROUP – down 11 cents, or 1.46 per cent, at $7.42
Australia’s Westfield Group will open the doors to its STG1.4 billion ($A2.15 billion) Stratford City shopping centre in east London on Tuesday – Europe’s largest urban shopping centre.
SDX – SUNDANCE RESOURCES – down 4.5 cents, or 10.11 per cent, at 40 cents
BML – BOTSWANA METALS LTD – unchanged at 7.3 cents
The credibility of Hanlong Mining’s takeover bids for two Australian miners is being questioned as the corporate watchdog investigates suspected insider trading by the Chinese firm.
