Stocks to watch
Stocks of interest on the Australian share market at the close on Thursday:
APT - Afterpay Touch Group - up $2.61, or 23.9 per cent, to $13.53
Buy now-pay later service provider Afterpay soared after giving a positive market update that showed strong year-on-year sales growth, new growth potential and flagged expected 2017/18 earnings of $33 million to $34 million, up from $6 million a year ago.
STO - Santos - up 10 cents, or 1.7 per cent, to $6.06
Santos said on Thursday it has cut net debt by four per cent since the start of the second quarter, helped by higher oil prices and may revive dividends in August.
S32 - South32 - up 7 cents, or 2 per cent, to $3.65
Diversified mining and metals group South32 Ltd has beaten its metallurgical coal output guidance for 2017/18, boosted by better than expected production at its Illawarra, NSW, project even as fourth-quarter output dipped 24 per cent.
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