Stocks to watch at close on Monday

Reported by AAP
Monday, June 29, 2015
Topics in this article:
Ansell,Cabcharge Australia,Emeco Holdings,Telstra Corporation.,Gwa Group Limited.,Slater & Gordon Limited
Australia's richest and poorest postcodesOne pocket of Sydney's eastern suburbs earn close to nine times more than those who live in the country's poorest area.

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

ACX - ACONEX - down two cents, or 0.6 per cent, at $3.13

Shares in the cloud accounting firm have surged on news of a major deal with engineering giant John Holland.

ANN - ANSELL - down 49 cents, or two per cent, at $23.76

Condoms and protective gloves maker Ansell is launching a major cost-cutting program it expects to save the company $15 million.

CAB - CABCHARGE - down 11 cents, or 2.9 per cent, at $3.73

Cabcharge has agreed to allow other companies to process its non-cash taxi payment cards.

EHL - EMECO - down 0.2 cents, or 2.7 per cent, at 7.2 cents

Merger talks between earthmoving equipment supplier Emeco and its rival Orionstone have collapsed.

GWA - GWA GROUP - down 12 cents, or 5.1 per cent, at $2.23

More jobs are expected to go at GWA Group as the building fixtures supplier undertakes its last and final phase of restructuring.

QMS - QMS MEDIA - up six cents, or 9.2 per cent, at 71 cents

Billboard operator QMS Media has had a strong debut on the Australian share market despite a bleak trading day.

SGH - SLATER AND GORDON - down $1.26, or 25 per cent, at $3.78

Shares in law firm Slater and Gordon have plummeted another 21 per cent as investors dump the stock over problems with its accounts.

SUN - SUNCORP - down 27 cents, or two per cent, at $13.33

Suncorp's life insurance boss Geoff Summerhayes has resigned and will be replaced by the head of the Vero general insurance business in New Zealand.

TLS - TELSTRA - down 13 cents, or 2.1 per cent, at $6.07

Phone and internet bills are likely to fall after the competition watchdog recommended Telstra cut the price it charges other telcos to access its copper wire network.

01/07/2015 02:43Sydney, Australia. 1 July,2015