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.