Stocks of interest on the Australian Securities Exchange on Thursday:
BLD – BORAL – up two cents, or 0.32 per cent, at $6.26
Boral chairman Bob Every will resign his position at the company’s annual general meeting in November and be replaced by Brian Clark.
BHP – BHP BILLITON – down 81.0 cents, or 2.73 per cent, at $28.82
FMG – FORTESCUE METALS GROUP – down 15.0 cents, or 6.76 per cent, to $2.07
RIO – RIO TINTO – down $1.42, or 2.47 per cent, at $56.03
The federal government appears to be backing away from a parliamentary inquiry into iron ore, but faces calls to review ways to improve the industry.
GEM – G8 EDUCATION – down one cent, or 0.25 per cent, at $3.98
The childcare centre operator holds its annual general meeting on Thursday.
JHX – JAMES HARDIE INDUSTRIES – up 15 cents, or one per cent, at $15.22
The construction materials maker releases its full year results on Thursday.
SYD – SYDNEY AIRPORT – up 10.0 cents, or 1.91 per cent, at $5.33
International traffic through Sydney Airport was up 2.9 per cent to a record of 4.5 million passengers in the 12 months to April, while domestic passenger numbers grew solidly, up 1.7 per cent on a year ago.
SVW – SEVEN GROUP HOLDINGS – down 14.0 cents, or 1.95 per cent, at $7.03
BPT – BEACH ENERGY – down 3.5 cents, or 3.18 per cent, at $1.065
DLS – DRILLSEARCH ENERGY – down 3.5 cents, or 3.2 per cent, at $1.06
Kerry Stoke’s Seven Group has increased its stakes in energy companies Drillsearch Energy and Beach Energy.
WES – WESFARMERS – down 28.0 cents, or 0.64 per cent, at $43.43
Coles will expand the number of its own branded products to drive growth and to rival Woolworths’ plans to match Aldi prices.