Stocks to watch

Stocks of interest at the close of trading on Friday, January 3.

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IAG - INSURANCE AUSTRALIA - up three cents, or 0.4 per cent, to $7.61

The insurance giant says it expects to pay roughly $400 million in natural peril claims for the six months to December 31, more than half of its $641 million natural peril allowance for the fiscal year.

NST - NORTHERN STAR - up 65 cents, or 5.8 per cent, to $11.92

The goldminer has completed the acquisition of a half-stake in the historic Kalgoorlie Super Pit goldmine for $US800 million ($A1.1 billion) from Newmont Goldcorp.

With Saracen buying the other half of the Super Pit from Barrick Gold late last year, the Super PIt is now completely in Australian hands for the first time since 2002.

ALQ - ALS LIMITED - up four cents, or 0.4 per cent, to $9.15

The laboratory testing company has bought Aquimisa Group, which it describes as the leading independent food testing business in southern Europe.

It didn't disclose a purchase price but said Aquimisa had 350 employees and annual revenues of over 20 million euros.

Austrlaian Associated PressBack to Breaking News

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