Stock to watch
Friday, January 14, 2005
Stocks of interest on the Australian Stock Exchange today:
TEN - Ten Network Holdings Ltd - up 24 cents to $4.40.
Ten Network Holdings shares rose more than five per cent yesterday amid rumours it could be the first media company to change hands as a consequence of looming changes to Australia's tough media laws.
NSX - The Newcastle Stock Exchange - up 36 cents to 86 cents.
The Newcastle Stock Exchange stormed on to the ASX yesterday jumping almost 70 per cent ahead of its float price of 50 cents per share.
WMR - WMC Resources Ltd - down six cents to $7.25.
Takeover target WMC Resources yesterday reported record copper production for 2004 and said it was well placed to deliver continued, consistent production across all operations in the year ahead.
FLT - FLIGHT CENTRE LTD - down 12 cents to $18.86
Source: Sydney Morning Herald, AAP