Australia Markets closed

Stocks to watch

Stocks of interest at the close of trading on Wednesday, January 8.

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CTX - CALTEX AUSTRALIA - up 65 cents, or 1.9 per cent, to $35.70

The fuel retailer and refiner says it been approached by a number of parties about a potential acquisition - but so far the only formal takeover offer it has received is the one made in November by a Canadian retail chain.

NCM - NEWCREST MINING - up $1.24, or 4.0 per cent, to $32

SAR - SARACEN MINERAL - up 12 cents, or 3.4 per cent, to $3.64

NST - NORTHERN STAR - up 32 cents, or 2.7 per cent, to $12.22

With gold briefly hitting a six-year high of $1,611 per ounce before retreating somewhat, goldminers were ascendant.

FNP - FREEDOM FOOD - down 22 cents, or 4.7 per cent, to $4.45

After the market closed the cereal, dairy and snack producer announced that none of its dairy farms or site operations had been affected by the NSW or Victorian bushfires.

PTM - PLATINUM ASSET MANAGEMENT - down 14 cents, or 3.1 per cent, to $4.40

PNI - PINNACLE INVESTMENT - down 19 cents, or 4.0 per cent, to $4.55

PDL - PENDAL GROUP - down 48 cents, or 5.3 per cent, to $8.54

CGF - CHALLENGER LIMITED - down 31 cents, or 3.7 per cent, to $8.11

Investment fund managers were generally lower, although a reason wasn't immediately apparent.