Stocks of interest on the Australian Securities Exchange on Friday:
AMM – AMCOM – up nine cents, or 3.78 per cent, at $2.47
TPM – TPG TELECOM – down 17 cents, or 1.86 per cent, at $8.99
VOC – VOCUS COMMUNICATIONS – down nine cents, or 1.55 per cent, at $5.70
Amcom has slammed TPG Telecom’s “self interested” bid to block a merger with Vocus as it seeks support from its own shareholders to create a new third force in telcos.
AMP – AMP LTD – down six cents, or 0.94 per cent, at $6.33
AMP has increased the size of its wealth management business by six per cent during the first three months of the year.
AWC – ALUMINA – down 3.5 cents, or two per cent, at $1.735
Alumina holds its annual general meeting on Friday.
MQG – MACQUARIE GROUP – down 38 cents, or 0.49 per cent, at $76.50
Macquarie Group releases its full year results on Friday.
RIO – RIO TINTO – down 58 cents, or 0.98 per cent, at $58.54
Mining giant Rio Tinto’s chief executive Sam Walsh has defended the group’s iron ore expansion, saying it is not responsible for the commodity’s massive price falls.
SCG – SCENTRE GROUP – down seven cents, or 1.86 per cent, at $3.69
Shopping centre owners Scentre have reconfirmed guidance for higher dividends and a lift in its financial performance after what it said was strong first quarter.