Stocks to watch on the Australian stock exchange on Tuesday, Nov 4:
BXB – BRAMBLES – up seven cents, or 0.7 per cent, at $9.60
Large logistics company Brambles has lifted its full year profit forecast following first quarter sales growth and a recent acquisition.
NRT – NOVOGEN – in a trading halt at 12 cents
Pharmaceutical company Novogen is tapping investors for up to $7.5 million to help fund early trials of an experimental ovarian cancer drug.
TEN – TEN NETWORK – steady at 22 cents
Billionaire Gina Rinehart has quit the board of the Ten Network to focus on the construction of her giant iron ore project.
VRT – VIRTUS – up 14 cents, or 1.9 per cent, at $7.59
Australia’s largest IVF provider has acquired full ownership of IVF Sunshine Coast in Queensland for $1.2 million.
WBC – WESTPAC – down 23 cents, or 0.7 per cent, at $34.55
Westpac Bank has beaten expectations with a record full year cash profit of $7.63 billion.
WOW – WOOLWORTHS – down $1.76, or 4.9 per cent, at $34.24
Woolworths lifted its supermarket and total sales in the first quarter of the financial year, but the growth failed to meet market expectations and the growth achieved by rival Coles.
