AAP MARKETS REPORT for Wednesday =5 Sydney

AAP General News (Australia)
08-08-2001
AAP MARKETS REPORT for Wednesday =5 Sydney

STOCKWATCH for WEDNESDAY, AUGUST 8





WES - WESFARMERS LTD - UP 20.5 CENTS AT $29.45

Hardware and rural company Wesfarmers has lived up to its distinction as one of the
market's best performing stocks by Tuesday posting a 21 per cent lift in annual net profit.





BAY - BAYCORP HOLDINGS LTD - UP 85 CENTS AT $11.00

DAD - DATA ADVANTAGE LTD - UP 36 CENTS AT $7.36

Months of difficult negotiating finally paid off for Baycorp Holdings and Data Advantage,
which has announced a proposed $1.5 billion merger





PAS - PASMINCO LTD - UP HALF A CENT AT 13.5 CENTS

Troubled zinc and lead group Pasminco has set a year-end target for the sale of its
Century zinc mine in Queensland.





FHF - FH FAULDING & CO LTD - DOWN 11 CENTS AT $14.39

MAY - MAYNE NICKLESS LTD - STEADY AT $6.30

FH Faulding said a major restructure and strong sales by Purepac, its US-based drugs
unit, underpinned a 35.4 per cent rise in net profit to $106.03 million for 2000/01.





HTA - HUTCHISION TELECOMMUNICATIONS (AUST) LTD - UP ONE AT 29 CENTS

Hutchison Telecommunications Monday revealed a significant first half loss as it builds
its subscriber base but committed to more spending to lift customer numbers to forecast
levels.





BIL - BRAMBLES INDUSTRIES LTD - DOWN 82 CENTS AT $45.68

Shareholders in Brambles will today (Tuesday) find themselves with four times as many
shares - but each worth around a quarter as much - when the transport and logistics giant
consummates its $19 billion marriage with Britain's GKN plc.





AAP

KEYWORD: MARKETS REPORT 5 SYDNEY

2001 AAP Information Services Pty Limited (AAP) or its Licensors.