Stocks to watch on the Australian stock exchange on Thursday:
AJL – AJ LUCAS GROUP LTD – last traded at $1.35
AJ Lucas Group Ltd to hold its annual general meeting on Thursday
ASB – AUSTAL LTD – down three cents at $2.21
Shares in ship maker Austal have dropped despite the company winning $US7.9 million ($A7.86 million) in additional work for the US Navy.
BSL – BLUESCOPE STEEL LTD – up 1.5 cents at 40 cents
BlueScope Steel says it welcomes the advancing of a $100 million payment it will receive from the federal government under the Steel Transformation Plan
HTA – HUTCHISON TELECOMMUNICATIONS (AUSTRALIA) LTD – steady at 5.6 cents
The communications watchdog has put Vodafone on notice over the telco’s leaking of personal customer details earlier this year.
HIL – HILLS HOLDINGS LTD – down one cent to $1.12
Hills Holdings Ltd to hold a general meeting on Thursday.
LLC – LEND LEASE GROUP – up 26 cents at $7.43
A Lend Lease and Leighton Holdings joint venture will carry out $505 million worth of rail work in Victoria.
MAH – MACMAHON HOLDINGS LTD – up one cent at 58 cents
Engineering firm Macmahon Holdings has finalised the contract terms with Fortescue Metals Group for the construction of the Solomon Rail project.
QRX – QRXPHARMA LTD – up 16 cents at $1.35
Pain treatments developer QRxPharma has formed a partnership with a major pharmaceuticals company to bring its leading development to market in the United States.
SPT – SPOTLESS GROUP LTD – unchanged at $2.40
Shopping centre cleaners will down mops and walk off the job in Sydney’s CBD on Thursday, continuing their fight for better pay.
TCL – TRANSURBAN GROUP – up two cents at $5.69
Transurban has confirmed the NSW government will go ahead with a $400 million major upgrade of the M5 toll road in Sydney’s south west.
UGL – UGL LTD – up 47 cents at $12.47
Engineering firm UGL has secured $176 million worth of work with Victoria’s Regional Rail Link Authority.
WBC – WESTPAC BANKING CORPORATION – up 41 cents at $20.48
Chief executive of market operator ASX Robert Elstone will join the board of Westpac Banking Corporation in the new year.
Meanwhile, Westpac subsidiary St George Bank has cut its fixed home loan interest rates again as variable rates become more attractive.
