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Stocks to watch at close on Monday

Reported by AAP
Monday, September 8, 2014
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Stocks to watch on the Australian stock exchange at the close on Monday:

BBG - BILLABONG - up two cents, or 3.1 per cent, at 66.5 cents

Billabong has wrapped up the sale of its 51 per cent stake in the online retailers, and its North American web-based retail operation to a consortium.

GFF - GOODMAN FIELDER - down one cent, or 1.6 per cent, at 63 cents

A planned foreign takeover of Australia's biggest food maker, Goodman Fielder, has hit a hurdle amid delays in obtaining regulatory approval from China.

SIP - SIGMA PHARMACEUTICALS - down two cents, or 2.4 per cent, at 82.5 cents

Sigma has bought discount pharmacy chain DDS for $26.7 million.

WDR - WESTERN DESERT RESOURCES - suspended from trading, last traded at 14.5 cents

BHP - BHP BILLITON - up one cent, or 0.03 per cent, at $35.66

FMG - FORTESCUE METALS - up eight cents, or 2.04 per cent, at $4.00

RIO - RIO TINTO - down 28 cents, or 0.5 per cent, at $61.02

Junior miner Western Desert Resources has collapsed, blaming the recent plunge in iron prices - to a fresh low of $83.60 a tonne - and the strong Australian dollar for its financial woes.

WOR - WORLEYPARSONS - up four cents, or 0.25 per cent, at $15.79

WorleyParsons had signed a deal to provide engineering, procurement and construction management services as part of the expansion of Columbia's main oil pipeline.

WOW - WOOLWORTHS - up seven cents, or 0.2 per cent, at $36.38

Woolworths' hotels arm is selling more than $600 million worth of liquor stores and pubs in a deal that will see it lease them back for the next 20 years.

21/09/2014 12:01Sydney, Australia. 21 September,2014