Stocks to watch on Thursday

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Stocks to watch on the Australian stock exchange on Thursday, Feb 12:

AGL – AGL ENERGY – up 62 cents, or 4.3 per cent, at $15.08

AGL offered customers less discounts on their power bills to boost its first half profit but has warned it expects the rest of the year to be flat.

BLD – BORAL – down seven cents, or 1.2 per cent, at $5.79

Australia’s housing construction boom has helped building products maker Boral rebound to profit, with cost cutting efforts expected to deliver further growth ahead.

CBA – COMMONWEALTH BANK – down 73 cents, or 0.8 per cent, at $91.86

Australia’s biggest bank lifted first half cash profit eight per cent to $4.62 billion and increased its dividend by 15 cents to $1.98 a share.

CSL – CSL – down $7.05, or 7.8 per cent, at $82.95

Vaccines and blood products group CSL lifted half year profit by more than seven per cent but trimmed its full year earnings forecast.

DMP – DOMINO’S PIZZA – up $5.77, or 21.2 per cent, at $33.00

Domino’s Pizza upgraded its full year guidance after delivering a 44.2 per cent rise in half year profit on the back of store growth and digital innovation.

GFF – GOODMAN FIELDER – up 0.5 cents, or 0.8 per cent, at 65 cents

Goodman Fielder has returned to profit but says retail trading conditions remain difficult.

LEI – LEIGHTON HOLDINGS – up 23 cents, or 1.1 per cent, at $21.68

Construction giant Leighton’s annual profit was boosted by the sale of its John Holland subsidiary, which helped offset lower earnings from its mining operations.

OZL – OZ MINERALS – down 30 cents, or 7.35 per cent, at $3.78

Copper and gold miner Oz Minerals is back in the black thanks to improved production at its Prominent Hill mine in South Australia.

QAN – QANTAS AIRWAYS – up two cents, or 0.8 per cent, at $2.61

VAH – VIRGIN AUSTRALIA – steady at 47 cents

Qantas has received a credit rating outlook upgrade from Standard & Poor’s as it reaps the benefits from a lower Australian dollar and the end of a capacity war with Virgin Australia.

SGP – STOCKLAND – up 13 cents, or 2.8 per cent, at $4.73

Australia’s housing boom helped increase property group Stockland’s first half profit and put it on track to increase annual earnings.

SKE – SKILLED GROUP – up 1.5 cents, or one per cent, at $1.47

Australia’s biggest workforce provider unveiled a flat first half profit although its engineering and marine services businesses posted strong earnings.

SUN – SUNCORP GROUP – down 42 cents, or 2.9 per cent, at $14.00

Financial services group Suncorp reduced its growth targets for 2014/15 after posting an interim profit result below some analysts’ expectations.