Stocks of interest on the Australian Securities Exchange on Thursday:
BHP – BHP BILLITON – down 97 cents, or 2.84 per cent, at $33.20
BHP Billiton has scrapped the sale of its Western Australian Nickel West business after failing to attract a buyer.
BSL – BLUESCOPE STEEL – down 19 cents, or 3.7 per cent, at $4.98
BlueScope Steel hold its annual general meeting on Thursday.
CBA – COMMONWEALTH BANK OF AUSTRALIA – down $1.15, or 1.4 per cent, at $81.85
Commonwealth Bank chairman David Turner says Australia’s largest lender is cautiously positive about the outlook for the 2015 financial year.
MYR – MYER – down 14 cents, or 7.37 per cent, at $1.76
Department store Myer says it is well-positioned for the Christmas trading period, despite a flat first quarter sales result.
NAB – NATIONAL AUSTRALIA BANK – down 29 cents, or 0.88 per cent, at $32.65
National Australia Bank has moved to settle a multi-million dollar class action over unfair fees.
REA – REA GROUP – down 45 cents, or one per cent, at $45.00
REA Group annual hold its general meeting on Thursday.
SWM – SEVEN WEST MEDIA – down 3.5 cents, or 1.96 per cent, at $1.755
Seven West Media is warning of a 10 per cent a slide in its first half profit due to softer-than-expected television advertising.