Stocks to watch Monday

Stocks to watch on the Australian stock exchange on Monday, March 24:

COH - COCHLEAR - up $2.38, or 4.2 per cent, at $58.96

Shares in hearing implant maker Cochlear have jumped after US authorities approved the company's latest hearing aid.

IIN - IINET LTD - up seven cents, or 0.92 per cent, at $7.67

The founder of internet service provider iiNet, Michael Malone has resigned after more than 20 years with the company.

MTS - METCASH - down 30 cents, or 9.5 per cent, at $2.85

Shares in Grocery wholesaler Metcash have slumped almost 11 per cent after the company downgraded its earnings guidance and announced a $480 million overhaul of its business.

QAN - QANTAS AIRWAYS - down 0.5 cents, or 0.47 per cent, at $1.07

Qantas' lawyers have launched a detailed rebuttal of claims by aircraft engineers that maintenance done outside of Australia is unsafe.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7835+0.0074+0.96%
    AUDUSD=X
    0.5091+0.0039+0.78%
    AUDGBP=X
    0.6993+0.0053+0.76%
    AUDEUR=X