Stocks to watch on the Australian stock exchange at close on Wednesday:
BHP – BHP BILLITON – up 52 cents, or 1.54 per cent, at $34.27
Mining giant BHP Billiton has lifted production nine per cent, driven by increasing iron ore, coal and petroleum output.
GEM – G8 EDUCATION – in trading halt, last traded at $5.14
Childcare operator G8 Education is tapping investors for $100 million to help it buy another 20 centres.
ORG – ORIGIN – up 3.00 cents, or 0.21 per cent, at $14.36
Origin will stockpile its gas supplies as it looks to take advantage of expected price rises over the next few years.
SUL – SUPER RETAIL GROUP – up 26 cents, or 3.39 per cent, at $7.92
Shares in Super Retail Group have leapt after the owner of the Rebel sporting goods chain and Supercheap Auto reported solid quarterly sales results.
TLS – TELSTRA – up four cents, or 0.74 per cent, at $5.46
Fixed-line telephone customers won’t pay more if Telstra is allowed to charge competitors what it wants to access their copper lines, the company’s boss says.
WOW – WOOLWORTHS – up 7.00 cents, or 0.2 per cent, at $34.80
Retail giant Woolworths has rejected reports suggesting it is considering selling its Big W chain.