Stocks to watch on the Australian stock exchange on Thursday, July 16:
AYS – AMAYSIM – up 10 cents, or 5.56 per cent, at $1.90
Mobile services provider amaysim is expecting demand for bring-your-own mobile phone plans to rise as more people avoid lock-in contracts.
BHP – BHP BILLITON – down 20 cents, or 0.74 per cent, at $26.90
BHP Billiton has flagged a $US2.8 billion ($A3.76 billion) hit to its full year results due to asset writedowns in its US shale oil operations.
BKN – BRADKEN – up 18 cents, or 16.82 per cent, at $1.25
Troubled mining services group Bradken says it still expects its full year earnings to be in line with guidance, following a sharp slide in its share price.
CGF – CHALLENGER – up 14 cents, or 2.05 per cent, at $6.96
Investment manager Challenger has expanded its foothold in Europe by snaring a London-based alternative investment group in a $41 million deal.
SFR – SANDFIRE RESOURCES – up eight cents, or 1.27 per cent, at $6.37
Construction of a state-of-the-art solar power station at a copper mine in Western Australia will begin later in July.
TPI – TRANSPACIFIC – steady at 75.5 cents
Waste management giant Transpacific has appointed Vik Bansal as its new chief executive.
