Stocks to watch at the close on Monday

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

AIO - ASCIANO LTD - down eight cents, or 1.77 per cent, at $4.43

Asciano, Australia's largest rail freight and ports operator, has exercised its right to acquire the other 50 per cent of its C3 joint venture in New Zealand for $NZ70 million ($A56.21 million).

ELD - ELDERS LIMITED - up one cent or 6.9 per cent to 15.5 cents

Agribusiness and automotive interiors supplier Elders has appointed corporate advisor Greenhill & Co Australia to help the company with the sale process of its rural services business.

NFE - NORTHERN IRON - down 22.5 cents or 36.2 per cent to 39.5 cents

Northern Iron shares have plunged by more than 30 per cent after a would-be suitor withdrew its takeover offer for the company.

PAG - PRIMEAG AUSTRALIA - down 1.5 cents or 1.33 per cent $1.10

Rural investor PrimeAg Australia says it has received strong interest in its proposal to sell its farms and water rights.

SDL - SUNDANCE RESOURCES - up one cent or 2.85 per cent to 36.0 cents

Hanlong Africa Mining has secured a fresh round of finance from a Chinese bank to fund its acquisition of Sundance Resources, the takeover target says.

WBC - WESTPAC BANKING CORPORATION - up 32 cents, or 1.27 per cent, at $25.35

Westpac's full year net profit has fallen by 15 per cent to $5.97 billion due to the tax implications of its takeover of smaller rival St George.

Market Data

  • Currencies
    NamePriceChange% Chg