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Stocks to watch at close on Monday

Reported by AAP
Monday, October 20, 2014
Topics in this article:
Fairfax Media,Ten Network Holdings,Downer Edi,Transfield Services,Ausdrill Limited
World's kookiest billionairesBillionaires and their eccentric and outlandish publicity stunts.

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

ARI - ARRIUM - up 0.5 cents, or 1.5 per cent, at 34 cents

Arrium shipped a record amount of iron ore in the first quarter of the financial year, but was forced to cut prices for customers.

ASL - AUSDRILL - down 10.5 cents, or 12.1 per cent, at 76.5 cents

Shares in mining services provider Ausdrill have slumped in early trade after it warned its annual earnings will slump by up to 13 per cent.

DOW - DOWNER EDI - up 14 cents, or 3.5 per cent, at $4.19

Engineering firm Downer EDI will pay $300 million to buy unlisted contractor Tenix Holdings.

FXJ - FAIRFAX MEDIA - up 2.5 cents, or 3.2 per cent, at 80.5 cents

TEN - TEN NETWORK - up 1.5 cents, or 7.3 per cent, at 22 cents

Speculation of a possible tie-up between Fairfax Media and Network Ten has boosted the share prices of the media organisations.

SYD - SYDNEY AIRPORT - steady at $4.22

An increase in domestic traveller numbers has helped increase total passenger traffic at Sydney Airport.

TSE - TRANSFIELD SERVICES - up 40 cents, or 26.7 per cent, at $1.90

Maintenance and asset management business Transfield Services has rejected a $1 billion takeover bid from Spanish building giant Ferrovial.

23/10/2014 17:38Sydney, Australia. 23 October,2014
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