Stocks to watch on the Australian stock exchange:
CBA - COMMONWEALTH BANK OF AUSTRALIA - down $3.25, or 3.9 per cent, at $80.72
Commonwealth Bank has suffered a $5.5 billion blow as investors ditch shares after the lender was accused of more than 53,000 breaches of laws put in place to combat money laundering and terrorism financing.
CWN - CROWN RESORTS - down 37 cents, or 2.9 per cent, at $12.40
Casinos operator Crown Resorts has booked a 96.7 per cent lift in annual profit to $1.9 billion, but stripping out significant items and other variables, net profit was down 15.5 per cent to $343.1 million.
TAH - TABCORP HOLDINGS - up 6.0 cents, or 1.4 per cent, at $4.35
TTS - TATTS GROUP - unchanged at $4.05
Tabcorp has slipped to a full-year net loss of $20.8 million on the back of costs related to its proposed merger with Tatts, legal battles and its new UK business.
ORL - OROTON - down 4.0 cents, or 3.8 per cent, at $1.01
Struggling luxury handbag retailer Oroton will close its Gap stores after deciding to cut ties with the US apparel giant.
WEB - WEBJET - up $1.14, or 10.4 per cent, at $12.08
Online travel agency Webjet has raised about $93 million from the institutional stage of its capital raising.
A2M - A2 MILK COMPANY - up 15 cents, or 3.55 per cent, at $4.38
The a2 Milk Company had its application to sell its infant formula products in China accepted for review and is confident the registration will go ahead as planned.