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Stocks to watch at close on Monday

Reported by AAP
Monday, September 29, 2014
Topics in this article:
Australia And New Zealand Banking,Lynas Corporation,Qantas Airways,Wesfarmers,Guildford Coal Limited,Noni B Limited,Psivida Corp.
World's kookiest billionairesBillionaires and their eccentric and outlandish publicity stunts.

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

ANZ - ANZ BANKING GROUP - down 46 cents, or 1.48 per cent, at $30.53

ANZ is selling its 17.5 per cent stake in Vietnam's Saigon Securities Incorporation.

GUF - GUILDFORD COAL - down 0.7 cents, or 13.73 per cent, at 4.4 cents

Guildford Coal has put the brakes on the appointment of Wal King as its new chairman, days after China's Sino Construction said it intended to make an off-market takeover bid for Guildford.

LYC - LYNAS - down 2.9 cents, or 25.22 per cent, at 8.6 cents

Shares in troubled rare earths miner Lynas have hit a five year low as seeks to raise $83 million from investors to shore up its finances.

NBL - NONI B - up 0.5 cents, or 1.01 per cent, at 50 cents

Fashion retailer Noni B has warned shareholders they face an uncertain outlook if they fail to take up a $16.4 million takeover offer.

PVA - PSIVIDA - up 41 cents, or 8.45 per cent, at $5.26

Biotech pSivida has won approval from US regulators for its treatment for the leading cause of blindness in young and middle-aged adults in developed countries.

QAN - QANTAS - down one cent, or 0.7 per cent, at $1.42

Qantas boss Alan Joyce believes the airline's loss making international arm is turning a corner, and says a sliding Australian dollar could put it in a "sweet spot."

TWE - TREASURY WINE ESTATES - down 42.0 cents, or 8.54 per cent, at $4.50

Australia's largest winemaker, Treasury Wine Estates, has rejected takeover proposals from two global private equity firms, prompting a sharp fall in the company's share price.

WES - WESFARMERS - down 53 cents, or 1.24 per cent, at $42.21

Supermarket giant Coles will have to hang signs in its stores admitting that it passed off par-baked bread as freshly baked.

01/10/2014 03:50Sydney, Australia. 1 October,2014
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