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Stocks to watch

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

09.03.2010 04:45 PM

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

AGO - ATLAS IRON LTD - in trading halt, last traded at $2.21

Atlas Iron Ltd has reported a sharp rise in first half revenue and narrowed its net loss as it continues to develop its second mine.

BBG - BILLABONG INTERNATIONAL LTD - up 24 cents to $10.90

Surfwear brand Billabong International is being sued by its former Indonesian licensee, CV Bali Balance (CVBB), over the termination of its distribution licence in Indonesia.

CIL - CENTREBET INTERNATIONAL LTD - up 17 cents to $1.80

Centrebet International says it is "facilitating discussions" with organisations which have expressed interest in taking over the punting company.

DJS - DAVID JONES LTD - steady at $5.04

Department store David Jones has appointed Philippa Stone as a non-executive director, effective on Tuesday.

GWT - GWA INTERNATIONAL LTD - up nine cents to $3.32

Building products supplier GWA International Ltd says it will acquire Brivis Climate Systems from Carrier Air Conditioning Pty Ltd for $50 million.

LLC - LEND LEASE GROUP - down nine cents to $8.55

Property developer Lend Lease Group has a appointed a former Leighton Holdings Ltd executive as its director of operations.

MQG - MACQUARIE GROUP LTD - down 72 cents to $48.83

Macquarie Group has appointed experienced investment banker Gaurav Gupta as its new head of Macquarie Capital Advisers in India.

OZL - OZ MINERALS LTD - down two cents to $1.15

Copper and gold miner OZ Minerals Ltd has made a foray into Latin America through a joint venture with junior precious and base metals explorer Azure Minerals Ltd in Mexico.

 

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