Stocks to watch on the Australian stock exchange on Tuesday, May 21:
GPT - GPT PROPERTY GROUP - up four cents at $4.16
LLC - LEND LEASE GROUP - up 13 cents at $10.60
Property owner GPT Group has sold its 50 per cent stake in the Erina Fair shopping centre on the NSW central coast for $397 million.
LEI - LEIGHTON HOLDINGS LTD - up 66 cents at $18.67
Construction giant Leighton Holdings says it's not concerned about the recent woes of mining services companies due to its diverse business interests and cyclical nature of the industry.
SGT - SINGAPORE TELECOMMUNICATIONS LTD - up two cents at $3.30
Optus' rollout of its 4G network is expected to reach 70 per cent of Australia's metropolitan population by the middle of 2014.