The Bull

Saturday 25

February, 201711:00 AM



Stocks to watch

Stocks to watch

Stocks of interest on the Australian share market

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By AAP 20.02.2017 06:22 AM

Stocks to watch on the Australian stock exchange:

ANZ - ANZ BANKING GROUP - up 56 cents, or 1.85 per cent, at $30.77

ANZ has lifted first-quarter cash profit 31 per cent to $2 billion and says full-year provisions are on track to be lower than previously expected.

ASX - ASX LTD - down 26 cents, or 0.5 per cent, at $51.74

The election of US President Donald Trump has helped market operator ASX lift half-year net profit three per cent to $219.4 million.

BBN - BABY BUNTING - down 17 cents, or 6.85 per cent, at $2.31

Baby goods retailer, Baby Bunting, has lifted pro-forma half-year profit by 22.5 per cent to $5.7 million on the back of higher sales driven by an increase in online vending.

DUE - DUET GROUP - down 1 cent, or 0.36 per cent, at $2.78

Energy utility operator DUET Group's first-half net profit has fallen 26.6 per cent to $65.6 million two months out from a crucial shareholder vote on a takeover bid by Hong Kong investor Cheung Kong Infrastructure.

MPL - MEDIBANK PRIVATE - down 11 cents, or 3.91 per cent, at $2.70

Medibank Private has lifted half-year profit 1.9 per cent to $231.9 million as higher investment income offset lower returns from its core health insurance business.

PMP - PMP - up 8 cents, or 12.12 per cent, at 74 cents

Printing businesses PMP and IPMG have been cleared to go ahead with a merger despite the competition regulator acknowledging the move will lessen competition in the industry.

STO - SANTOS - up 2 cents, or 0.5 per cent, at $3.99

Oil and gas producer Santos posted a $US1.05 billion loss after a writedown at its GLNG plant but says the business is turning around.

VAH - VIRGIN AUSTRALIA - down 0.5 cents, or 2.56 per cent, at 19 cents

Virgin Australia's financial performance has been whacked by leisure and corporate travellers tightening their belts.

VRL - VILLAGE ROADSHOW - down 21 cents, or 5.57 per cent, at $3.56

Village Roadshow shares have slumped to their lowest level in more than four years after the company said it could be forced to sell assets in an effort to cut debt.

WHC - WHITEHAVEN COAL - down 7 cents, or 2.38 per cent, at $2.87

Coal miner Whitehaven's first-half profit has jumped to $157.5 million on the back of higher volumes and a surge in prices.

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