Stocks to watch on the Australian stock exchange on Wednesday, July 15:
AAC – AUSTRALIAN AGRICULTURAL CO – down one cent, or 0.7 per cent, at $1.355
Live exporters across the Northern Territory will be hardest hit by Indonesia’s decision to slash imports of Australian cattle, an analyst says.
AMC – AMCOR – up 35 cents, or 2.6 per cent, at $13.83
Packaging giant Amcor is continuing to expand operations in India, acquiring Packaging India Private Ltd (PIPL) for $US26.4 million ($A35.65 million).
CSR – CSR – up 10 cents, or 2.9 per cent, at $3.60
Building products supplier CSR says its outlook is positive as housing starts look likely to climb to record levels, with more than 200,000 expected in fiscal 2016.
MDC – MEDLAB CLINICAL – steady at 20 cents
Nutritional pharmaceutical researcher Medlab Clinical has listed on the ASX.
NRT – NOVOGEN – up 1.5 cents, or 6.4 per cent, at 25 cents
Studies involving one of the biotech’s drugs indicates it may improve the effectiveness of chemotherapy in children.
WBC – WESTPAC BANKING CORPORATION – up 65 cents, or two per cent, at $33.61
Westpac has delayed plans to sell its operations in Vanuatu and the Solomon Islands due to central bank intervention.
