Stocks to watch
Stocks of interest on the ASX at the close on Wednesday, September 26:
AGO - ATLAS IRON - up 0.2 cents, or 4.8 per cent, at 4.4 cents.
Gina Rinehart's Hancock Prospecting, which currently holds a 77 per cent stake in Atlas, is preparing to raise its takeover offer from 4.2 to 4.6 cents per share.
NUF - NUFARM - unchanged at $6.70.
Nufarm shares are in a trading halt ahead of a $300 million capital raising as the company reported a $15.6 million full-year loss due to the drought.
AGL - AGL ENERGY - up 36 cents, or 1.9 per cent, at $19.59.
AGL's new chief is sticking to its plan to close its Liddell coal-fired power plant by 2022.
STO - SANTOS - down eight cents, or one per cent, at $7.25.
Santos announced plans on Wednesday to nearly double its natural gas production to more than 100 million barrels of oil equivalent by 2025. The company also reported a surge in half-year profit and revived its dividend.
ANZ - ANZ BANK - down 26 cents, or 0.9 per cent, at $27.96.
CBA - COMMONWEALTH BANK AUSTRALIA - down 62 cents, or 0.9 per cent, at $70.18.
NBA - NATIONAL AUSTRALIA BANK - down 15 cents, or 0.5 per cent, at $27.45.
WBC - WESTPAC - down 7 cents, or 0.25 per cent, at $27.81.
The big banks remained skittish on Wednesday ahead of the US Federal Reserve's economic projections and the potential for a sharp move in US interest rates.
RIO - RIO TINTO - up 92 cents, or 1.2 per cent, at $80.03
BHP - BHP - up 40 cents, or 1.2 per cent, at $34.50
The big miners were up as stocks in precious and industrial metals lifted the materials sector.
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