Stocks to watch at close on Monday

Stocks to watch on the Australian stock exchange at the close on Monday:

AFJ - AFFINITY EDUCATION - up 8.5 cents, or 11.5 per cent, at 82.5 cents

GEM - G8 EDUCATION - up 10 cents, or 2.9 per cent, at $3.50

Childcare operator G8 Education has increased its takeover offer for rival Affinity Education to include almost $150 million in cash.

ARG - ARGO INVESTMENTS - up one cent, or 0.1 per cent, at $8.29

Investment firm Argo Investments expects the recent fall in the Australian dollar will help the local economy in the 2015/16 financial year.

CSL - CSL - down 13 cents, or 0.1 per cent, at $98.83

Biotechnology giant CSL has completed its $US275 million acquisition of Novartis' influenza business.

FDC - FEDERATION CENTRES - down 13 cents, or 4.3 per cent, at $2.87

Shopping centres operator Federation Centres has appointed former Novion chief executive Angus McNaughton as CEO following the companies' merger.

QFX - QUICKFLIX - suspended at 0.2 cents

Online streaming service Quickflix has suspended its shares from trading ahead of an expected announcement about a new deal.

RIO - RIO TINTO - down 66 cents, or 1.25 per cent, at $52.20

Rio Tinto has acquired 220,000 shares under the $US2 billion ($A2.74 billion) buyback scheme it launched in February.

SKE - SKILLED GROUP - up 4.5 cents, or 2.9 per cent, at $1.585

PRG - PROGRAMMED MAINTENANCE SERVICES - up 11 cents, or 4.6 per cent, at $2.50

Programmed Maintenance Services is facing a hit of up to $67.4 million in relation to its takeover of rival labour hire business Skilled Group.

TEN - NETWORK TEN - up 0.5 cents, or 2.4 per cent, at 21.5 cents

Embattled broadcaster Network Ten has hired the former head of entertainment at ITV Studios Australia to join its TV production team.

VMT - VMOTO - up one cent, or 2.4 per cent, at 43 cents

Australian manufacturer Vmoto will start selling its electric scooters in the UK and Ireland after signing an exclusive distribution agreement.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7147-0.002-0.28%
    AUDUSD=X
    0.4656+0.0004+0.08%
    AUDGBP=X
    0.6371-0.0003-0.04%
    AUDEUR=X