Stocks to watch on the Australian stock exchange on Wednesday, Nov 19:
AGK – AGL ENERGY – down 3.00 cents, or 0.23 per cent, at $13.30
Electricity and gas provider AGL has appointed US energy sector veteran Andrew Vesey as its new chief executive.
AHF – AUSTRALIAN DAIRY FARMS – up six cents, or 21.82 per cent, at 33.5 cents
Milk producer Australian Dairy Farms Group has paid $1.87 million for a Victorian farm that will support its hay growing and grazing activities.
MYX – MAYNE PHARMA GROUP – down three cents, or 3.82 per cent, at 75.5
An Australian pharmaceutical firm is taking on global giant Pfizer in a bid to make a generic version of a heart medication.
NAB – NATIONAL AUSTRALIA BANK – down two cents, or 0.06 per cent, at $32.37
A multi-million dollar class action against National Australia Bank over unfair fees will be open to the lender’s entire customer base following a Federal Court order.
PBG – PACIFIC BRANDS – up 2.5 cents, or 5.05 per cent, at 52.0 cents
Pacific Brands has sold a range of shoe and clothing brands, including Volley, to several buyers for a total of $39 million.
PFL – PATTIES FOODS – up 2.5 cents, or 1.98 per cent, at $1.285
Pie maker Patties Foods says higher meat prices are offsetting stronger sales.
RHL – RURALCO – up one cent, or 0.29 per cent, at $3.45
Agribusiness Ruralco has nearly doubled its annual profit and is now hoping that much-needed rain will start falling to help farmers struggling with drought.
TGA – THORN GROUP – up three cents, or 1.1 per cent, at $2.76
The company behind the Radio Rentals business has posted a healthy rise in first half profit and expects solid earnings growth for the year.
