Stocks to watch on the Australian stock exchange at noon on Wednesday:
QAN – QANTAS AIRWAYS LTD – up two cents, or 1.8 per cent, at $1.11
A federal Liberal MP has advanced the case for changing statutory ownership limits on Qantas, saying the national carrier is operating with a regulatory straitjacket.
GFF – GOODMAN FIELDER LTD – up 0.75 cents, or 1.13 per cent, at 67.25 cents
Goodman Fielder, Australasia’s biggest food company, plans to close its Hamilton meat factory in New Zealand with the potential loss of up to 125 jobs.