Stocks to watch at close on Wednesday
STOCKS to watch on the Australian stock exchange at the close of trade on Wednesday: up 48 cents, or 1.3 per cent, at $37.06 BHP Billiton is on track to lift its full year iron ore production after enjoying a better-than-expected result in the final three months of 2012.
Stocks closed higher Wednesday as the Federal Reserve said the nation's economy is stabilizing even as some problems remain.