Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Jan 29

BHP - BHP BILLITON LTD - up seven cents at $37.17

EVN - EVOLUTION MINING LTD - down four cents at $1.595

RIO - RIO TINTO LTD - up nine cents at $66.15

YAL - YANCOAL AUSTRALIA LTD - steady at 93 cents

The price of coal could rise in the wake of the wild weather from ex-tropical cyclone Oswald.

BPT - BEACH ENERGY LTD - up two cents at $1.40

Oil and gas producer Beach Energy still expects to meet its full year production targets despite a fall in the second quarter of the financial year.

IAG - INSURANCE AUSTRALIA GROUP LTD - up one cent at $4.93

SUN - SUNCORP GROUP LTD - down 21 cents at $10.70

Insurers are already feeling the pain from ex-tropical cyclone Oswald, with nearly 10,000 claims lodged and the damage bill at $116 million and rising.

LKO - LAKES OIL NL - up 0.2 cents at 0.6 cents

Mining billionaire Gina Rinehart has snared a major stake in veteran oil and gas explorer Lakes Oil.

LLC - LEND LEASE GROUP - up six cents at $10.25

Construction group Lend Lease has won a STG240 million ($A364.52 million) contract to build 3,500 student apartments across England.

LYC - LYNAS CORPORATION LTD - down one cent at 64.5 cents

Lynas Corporation says a state-based High Court in Malaysia has denied an application by environmental activists to seek a judicial review the licensing process for its rare earths processing plant.

MQG - MACQUARIE GROUP LTD - up 23 cents at $38.22

Macquarie Group's private wealth business has been reprimanded by the corporate watchdog for failing to comply with industry standards.

OSH - OIL SEARCH LTD - up nine cents at $7.20

Oil Search says a strong final three months of the year has helped it produce 6.38 million barrels of oil equivalent (mmboe) in 2012, which is within the company's guidance range of 6.2 to 6.7 mmboe.

PXS - PHARMAXIS LTD - in a trading halt, last traded at $1.25

Pharmaxis should find out later this week the results of a key US review of its cystic fibrosis treatment Bronchitol.

QAN - QANTAS AIRWAYS LTD - down one cent at $1.515

Qantas has confirmed a flight that had to be diverted en route from Brisbane to Townsville was having cabin pressure problems.

SYD - SYDNEY AIRPORT GROUP - up three cents at $3.17

The peak tourism lobby group has called for flights into and out of Sydney airport to be increased to meet Australia's growing aviation demands.

Overall Medal Count

Rank Country Gold Silver Bronze Total
1 United States 46 29 29 104
2 China 38 27 23 88
3 Great Britain 29 17 19 65
4 Russia 24 26 32 82
5 South Korea 13 8 7 28
6 Germany 11 19 14 44
7 France 11 11 12 34
15 New Zealand 6 2 5 13

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