Stocks to watch on Wednesday

Stocks of interest on the Australian Securities Exchange on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, June 11:

NXS - NEXUS ENERGY - down 0.6 cents, or 35.29 per cent, at 1.1 cent

Nexus Energy shares have slumped more than 20 per cent as investors worry their shareholdings could be worthless within 48 hours.

PBG - PACIFIC BRANDS - down five cents, or 8.93 per cent, at 51 cents

Troubled clothing maker Pacific Brands has cut its annual earnings forecasts as warm weather and weak consumer confidence hits sales.

TRS - THE REJECT SHOP - down $1.10, or 12.02 per cent, at $8.05

Discount retailer The Reject Shop will fall short of its profit forecast because of weaker sales caused by warm weather and the federal budget.


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