Stocks to watch at close on Monday

Reported by AAP
Monday, May 13, 2013
Topics in this article:
Incitec Pivot,Rio Tinto,Ten Network Holdings,Westfield,Duluxgroup Limited,Sky City Entertainment Group Limited.

Currency Converter

Katy Perry. (Getty)Most generous celebritiesThe rich and famous stars who give their money to charity

Stocks to watch on the Australian stock exchange at close on Monday:

AZJ - AURIZON HOLDINGS LTD - up seven cents, or 1.64 per cent, to $4.34

Rail operator Aurizon has begun talks to sell a stake in its rail track infrastructure that would free up money to expand and lead to a break up of the business.

DLX - DULUXGROUP LTD - up 11 cents, or 2.46 per cent, to $4.59

Paint maker DuluxGroup hopes the new homes market will pick up later in the year, but further interest rate cuts could be needed to stimulate the sector.

IPL - INCITEC PIVOT LTD - Up 10 cents, or 3.53 per cent, to $2.93

Explosives and fertiliser maker Incitec Pivot's first half profit has dropped 23 per cent with its fertiliser operations hit by the high Australian dollar.

RIO - RIO TINTO LTD - down 86 cents, or 1.47 per cent, to $57.59

Workers at a Newcastle coal terminal are preparing to meet with management in a last ditch attempt to avert a planned strike.

SKC - SKYCITY ENTERTAINMENT GROUP LTD - up seven cents, or 1.91 per cent, to $3.74

SkyCity Entertainment Group shares rose to their highest level in five-and-a-half years inking a deal to build a $402-million convention centre in exchange for increased gambling concessions.

TEN - TEN NETWORK HOLDINGS LTD - flat at 32 cents

The 2014 Winter Olympics will be broadcast by the Ten Network.

WRT - WESTFIELD RETAIL TRUST - up two cents, or 0.59 per cent, to $3.41

Westfield Retail Trust boss Domenic Panaccio says consumer confidence is improving but shoppers are still cautious and sales growth is still low.

Keep reading - next article
20/05/2013 08:40Sydney, Australia. 20 May,2013
advertisement