Stocks to watch on the Australian stock exchange early on Friday:
JHX – JAMES HARDIE INDUSTRIES SE – up 16 cents at $7.31
James Hardie says it has received an Australian Taxation Office (ATO) refund.
SFR – SANDFIRE RESOURCES LTD – up 23 cents at $7.86
Copper miner Sandfire Resources says it is on track to commence exports from its DeGrussa project in Western Australia next quarter.
SGT – SINGAPORE COMMUNICATIONS LTD – up one cent at $2.34
The full bench of the Federal Court had reduced Optus’s fine for misleading advertising to $3.61 million.
VAH – VIRGIN AUSTRALIA HOLDINGS LTD – up 1.5 cents at 44.5 cents
Etihad Airways chief executive James Hogan says he is yet to start any discussions with alliance partner Virgin Australia about buying an equity stake in the airline.