Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday

Stocks to watch on the Australian stock exchange on Friday, Feb 14:

ASX - ASX - up 56 cents, or 1.6 per cent, at $36.25

Improving global economic conditions and a rise in the number of companies listing on the local share market have contributed to a 11 per cent rise in market operator ASX's half year profit.

CCL - COCA-COLA AMATIL - up 10 cents, or 0.9 per cent, at $11.91

The Victorian government will give fruit processor SPC Ardmona $22 million as part of a $100 million co-investment that it says will save the company's Goulburn Valley cannery.

DJS - DAVID JONES - down three cents, or one per cent, at $3.11

Upmarket retailer David Jones has increased its sales in the three months to January 25 by almost five per cent to $618 million.

RHL - RURALCO HOLDINGS - in trading halt, last traded at $3.29

The shares of Australian owned agribusiness Ruralco Holdings has been placed in a trading halt as it prepares to conduct an equity raising.

RIO - RIO TINTO - down 27 cents, or 0.4 per cent, at $67.83

Rio Tinto will announce its full year results after the market closes on Thursday.

SGT - SINGAPORE TELECOMMUNICATIONS - up five cents, or 1.6 per cent, at $3.14

Optus lifted its net profit more than 40 per cent during the December quarter despite a slide in revenue from mobile customers.

TCL - TRANSURBAN - up one cent, or 0.15 per cent, at $6.83

Transurban has lifted its first half profit slightly following an increase in revenues from its toll roads.

TGR - TASSAL GROUP - down seven cents, or two per cent, at $3.48

Salmon farmer Tassal Group says its focus on the domestic market is paying dividends, with half year net profit up 42 per cent.

TLS - TELSTRA - up four cents, or 0.8 per cent, at $5.15

Telstra has lifted its dividend for the first time in eight years after announcing a $1.7 billion profit.

WEB - WEBJET - up 66 cents, or 26 per cent, at $3.16

Webjet shares are flying high after the online travel group lifted its half year profit by 60 per cent.


3 min read

Published

Updated

Source: AAP


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