Stocks to watch
Stocks to watch on the Australian stock exchange:
ORG - ORIGIN ENERGY - up 27 cents, or 3.9 per cent, at $7.19
OSH - OIL SEARCH - down 2 cents, or 0.3 per cent, at $6.62
STO - SANTOS - up 3 cents, or 0.9 per cent, at $3.42
WPL - WOODSIDE PETROLEUM - up 66 cents, or 2.3 per cent, at $29.83
Oil prices have hit two month highs, ending the strongest month of the year for crude futures.
TWE - TREASURY WINE ESTATES - up 58 cents, or 4.8 per cent, at $12.76
The wine supplier has reaffirmed its earnings guidance for the second half of the 2016/17 financial year and says growth prospects in the China market remain intact.
NVT - NAVITAS - down 50 cents, or 10.1 per cent, at $4.47
The education provider's annual profit dropped 11 per cent drop and said it will be impacted by a wind-down in the government-funded Adult Migration Education Program and lack of contributions from the closed colleges.
ORL - OROTONGROUP - down 3 cents, or 2.8 per cent, at $1.05
The troubled luxury handbag retailer has secured a six month extension for a $35 million finance package with Westpac in a deal that could result in a major shareholder controlling the company's debt.
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