Stocks to watch on the Australian stock exchange at the close on Monday:
AFI - AUSTRALIAN FOUNDATION INVESTMENT COMPANY - steady at $6.04
Australian Foundation Investment Company has lifted its dividend despite a slight decrease in its first half profit.
MQG - MACQUARIE GROUP - up $2.96, or 5.35 per cent, at $58.25
Macquarie Group is on track to post its biggest profit in eight years as the lower Australian dollar and improved market activity bolsters its earnings.
OFX - OZFOREX - down 28 cents, or 10.3 per cent, at $2.43
WBC - WESTPAC - down 13 cents, or 0.4 per cent, at $32.63
OzForex shares dived after one of its major banking partners decided to severe ties to the foreign exchange business.
PDN - PALADIN ENERGY - down 1.5 cents, or 4.2 per cent, at 34 cents
Uranium miner Paladin Energy increased sales revenue during the December quarter but has slightly reduced full year production guidance.
QAN - QANTAS - down six cents, or 2.6 per cent, at $2.25
VAH - VIRGIN AUSTRALIA - down half a cent, or 1.1 per cent, at 44 cents
After a disastrous 2014, this year is shaping up to be much better for Qantas and Virgin Australia with lower fuel prices and a pull-back from a bruising battle for market share set to lift profits.