Stocks to watch on the Australian stock exchange Monday, November 7

CKF – COLLINS FOOD LTD – up 0.5 cents at $1.205

KFC restaurant chain owner Collins Foods is hoping for a Shane Warne and cricket-led recovery this summer after it was bowled over by a disastrous week that included a 27 per cent profit downgrade.

DOW – DOWNER EDI LTD – up 10 cents at $3.16

The boss of engineering group Downer EDI says he will consider sourcing more products from China. This is despite the problems found in Chinese-built Waratah trains destined for NSW commuters under its troubled rolling stock contract.

HIL – HILLS HOLDINGS LTD – down 1.5 cents at $1.085

Hills Holdings Ltd holds its annual general meeting on Friday.

HVN – HARVEY NORMAN HOLDINGS LTD – steady at $2.04

Three Harvey Norman-owned Rick Hart franchises have been placed in the hands of administrators.

ORI – ORICA LTD – last traded at Fridya’s close, at $24.30

Orica Ltd is due to post full year results on Monday.

QAN – QANTAS AIRWAYS LTD – up four cents at $1.615

CANBERRA, Nov 4 AAP – Had Qantas maintained its aircraft engines in Australia, engineers might have noticed an oil leak which led to a engine explosion on an A380 airliner over Indonesia a year ago, a parliamentary inquiry has heard.

RIO – RIO TINTO LTD – up $3.52 at $69.97

Rio Tinto chairman Jan Du Plessis has painted a bleak picture of the European debt crisis, saying he can’t see leaders coming up with a sustainable solution to the region’s financial problems.

STO – SANTOS LTD – up 44 cents at $13.12

Santos has secured a six-year contract to supply gas from its Reindeer field off Western Australia to Minara Resources’ Murrin Murrin nickel mine in the state’s Goldfields region.

SFR – SANDFIRE RESOURCES LTD – up 27 cents at $6.67

Copper and gold explorer Sandfire Resources has signed a sales deal with a private Swiss commodity trading company for product from its DeGrussa project in Western Australia.

TSE – TRANSFIELD SERVICE LTD – up nine cents at $2.39

Transfield Services has secured $130 million in work with the defence industry.