Stocks to watch on Wednesday

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Stocks to watch on the Australian stock exchange on Wednesday, April 9

AFJ – AFFINITY EDUCATION – in trading halt, last traded at $1.34

Affinity Education is shelling out $80 million for 51 child care and education centres.

CAB – CABCHARGE – down 22 cents, or 5.4 per cent, at $3.87

Shares in taxi payments company Cabcharge have fallen as a change to surcharges in NSW is set to cut its income by $14 million.

ERA – ENERGY RESOURCES OF AUSTRALIA – up 0.5 cents, or 0.4 per cent, at $1.37

ERA holds its annual general meeting in Darwin on Wednesday.

TWE – TREASURY WINE ESTATES – up 26 cents, or 7.2 per cent, at $3.87

The new chief executive of Treasury Wine, Michael Clarke, says he has no emotional attachment to any part of the business except for the top luxury brand, Penfolds.