Stocks to watch on the Australian stock exchange at the close on Thursday, July 23:
BCI – BCI IRON – up one cent, or 3.5 per cent, at 29.5 cents
BC Iron releases its fourth quarter production report on Thursday.
BHP – BHP BILLITON – down 55 cents, or 2.05 per cent, at $26.27
Mining giant BHP Billiton predicts a fall in petroleum production next year after racking up $3 billion in writedowns.
BLD – BORAL – up nine cents, or 1.4 per cent, at $6.45
A booming property market is expected to help boost building products maker Boral’s underlying annual profit by up to 46 per cent.
CIM – CIMIC GROUP – down 24 cents, or one per cent, at $23.36
The construction giant formerly known as Leighton Holdings releases its half year results on Thursday.
FMG – FORTESCUE METALS GROUP – up one cent, or 0.6 per cent, at $1.75
The iron ore miner releases its fourth quarter production report on Thursday.
MQG – MACQUARIE GROUP – down $1.13, or 1.3 per cent, at $84.46
Macquarie holds its annual general meeting on Thursday.
NCM – NEWCREST – down 16 cents, or 1.4 per cent, at $11.53
The gold miner releases its fourth quarter production report on Thursday.
NRT – NOVOGEN – down 2.5 cents, or 10.6 per cent, at 21 cents
Pharmaceuticals company Novogen has lost a pioneer in anti-cancer drug development with the sudden resignation of its chief executive and founder Dr Graham Kelly.
S32 – SOUTH32 – down four cents, or 2.2 per cent, at $1.785
BHP Billiton spin-off South32 will take a writedown of $US1.9 billion on its manganese and coal businesses after suspending capacity at its South African smelter.
TAH – TABCORP – down 21 cents, or 4.2 per cent, at $4.77
Wagering and keno operator Tabcorp is facing legal action over allegations it has failed to comply with anti-money laundering and counter-terrorism financing laws.