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