Daily FNArena News - Australia

A wrap of the day’s activity on the Australian stock market.

Brokers heave a collective sigh of relief as Insurance Australia gets rid of its burdensome UK assets, despite taking a hit on the sale price.

Australian companies in the $10-100m turnover range are as confident as they’ve ever been according to the CBA Future Business Index.

While brokers agree there is huge potential upside in the company’s stem cell products, opinions are mixed about the near term prospects for commercialisation.

A wrap of the day’s activity on the Australian stock market.

With zircon and titanium price weakness showing no sign of abating, Deutsche Bank downgrades the stock to Sell.

BHP’s sale of its stake in the Browse LNG joint venture implies a premium on the value of Woodside’s operator stake.

A wrap of the day’s activity on the Australian stock market.

JP Morgan has initiated coverage of OceanaGold, seeing potential for the company’s Philippines asset to prove transformational.

A wrap of the day’s activity on the Australian stock market.