Stocks of interest on the Australian Securities Exchange on Friday:
AGL – AGL ENERGY – down four cents, or 0.3 per cent, at $15.00
BHP – BHP BILLITON – down 55 cents, or 1.8 per cent, at $30.19
Major Australian utility group AGL Energy has secured gas supplies through to 2020 after striking a Bass Strait deal with Esso and BHP Billiton.
AGO – ATLAS IRON – shares suspended at 12 cents
BCI – BC IRON – up two cents, or 7.3 per cent, at 29.5 cents
MGX – MOUNT GIBSON IRON ORE – down 0.5 cents, or 2.6 per cent, at 19 cents
Australia’s struggling junior iron ore miners have received more bad news with China announcing plans to prop up its own industry.
AMC – AMCOR – down four cents, or 0.3 per cent, at $14.26
Global packaging giant Amcor is buying a Brazil-based tobacco packaging company Souza Cruz for $US30 million ($A39.05 million).
AWC – ALUMINA – up three cents, or 1.8 per cent, at $1.66
Global aluminium giant Alcoa has swung back to profit and struck a new energy supply deal in a positive sign for its Australian business.