Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday:

MTS - METCASH - down 1.5 cent, or 1.12 per cent, at $1.32

More than 2,500 jobs will be created over the next five years as Metcash-owned supermarket chain Foodland builds 22 new stores across South Australia.

NAB - NATIONAL AUSTRALIA BANK - steady at $29.69

National Australia Bank will announce full details of its long-awaited disposal of unprofitable UK subsidiary Clydesdale Bank during the week beginning December 7.

ORL - OROTON GROUP - up 24.00 cents, or 9.23 per cent, at $2.84

Oroton's move away from heavy discounting is bearing fruit for the embattled luxury accessories retailer.

PMV - PREMIER INVESTMENTS - down 2.00 cents, or 0.29 per cent, at $13.98

Solomon Lew's Premier Investments wants an immediate scrapping of the tax break on online purchases from overseas below $1,000 and an end to "punitive" weekend penalty rates.

QAN - QANTAS AIRWAYS - up 15.00 cents, or 4.13 per cent, at $3.78

Qantas looks set to get the go ahead from the competition watchdog to continue its trans-Pacific alliance with American Airlines for another five years.

SEPARATELY: An increase in Qantas passenger numbers for October means the airline is carrying nearly two per cent more people so far this financial year.

TCL - TRANSURBAN - up 22.8 cents, or 2.22 per cent, at $22.818

Transurban shares will resume trading on Friday after the toll road operator completed the institutional component of the $1.025 billion equity raising that will part-fund the purchase of Brisbane's AirportLinkM7 tunnel.

Market Data

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