** Shares of Wesfarmers WES.AX rise 0.8% to A$72.34, their highest levels since Jan 10

** The conglomerate says its loss-making e-commerce retailer Catch will cease to operate as a stand-alone entity in Q4

** Co expects Catch to report an operating loss before tax of between A$38 mln ($23.68 mln) and A$40 mln, for HY ended December

** Stock rose as much as 1.4% earlier in the day, marking its biggest intraday gain since Jan 10

** Stock up nearly 2% this year, including the day's move

($1 = 1.6049 Australian dollars)

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))