Stocks to watch
Stocks of interest on the Australian share market at the close on Thursday:
RIO - RIO TINTO - down $4.00, or 4.9 per cent, to $77.65
BHP - BHP BILLITON - down $1.16, or 3.3 per cent, to $33.92
FMG - FORTESCUE METALS GROUP - down 8 cents, or 1.8 per cent, to $4.27
Rio Tinto shares have led a retreat in mining stocks on Thursday, with the group's below-expectation half-year results accelerating a fall in iron ore players triggered by renewed US-China trade tensions.
CBA - COMMONWEALTH BANK - down 3 cents, or 0.04 per cent, to $73.68
WBC - WESTPAC BANKING CORPORATION - down 2 cents, or 0.1 per cent, to $29.19
ANZ - AUSTRALIA AND NEW ZEALAND BANKING GROUP - down 16 cents, or 0.6 per cent, to $28.91
NAB - NATIONAL AUSTRALIA BANK - down 17 cents, or 0.6 per cent, to $27.81
Australia's largest lenders have begun lowering their mortgage rates in an attempt to attract borrowers amid plummeting credit growth.
CVW - CLEARVIEW WEALTH - down 6 cents, or 5.5 per cent, to $1.04 cents
Financial services group ClearView Wealth has backed independent non-executive director David Brown, who has been arrested in Papua New Guinea on a fraud charge that he says he will vigorously defend.
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