Stocks to watch on Monday

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Stocks to watch on the Australian stock exchange early on Monday:

AMC – AMCOR LTD – last traded at $6.87

BOB – BORAL LDT – last traded at $8.79

BSL – BLUESCOPE STEEL LTD – last traded at 82 cents

A new Australian manufacturing industry group has launched a fresh attack on the proposed carbon tax.

CBD – CBD ENERGY LTD – up 1.2 cents, or 14.6 per cent, at 9.4 cents

Renewable energy company CBD Energy will buy Victorian-based energy retailer, Neighbourhood Energy, from Alinta Energy for $24.9 million.

CSV – CSG LTD – up 7.5 cents, or 7.1 per cent, at $1.13

Information technology company CSG Ltd has received new takeover interest following a $340 million takeover offer from an unnamed bidder last week.

MAP – MAP GROUP – up four cents, or 1.2 per cent, at $3.34

MAp says it has completed an asset swap agreement with a Canadian pension fund, leaving an 85 per cent stake in Sydney Airport as its sole asset.

EXS – up two cents, or 3.1 per cent, at 67 cents

Gold miner Exco Resources doesn’t want to develop its Mt Colin copper and gold deposit in Queensland and may sell it.

MRM – MERMAID MARINE AUSTRALIA LTD – up three cents, or 0.96 per cent, at $3.15

Mermaid Marine’s Dampier Supply Base employees have lifted a proposed ban on overtime work as the company and Maritime Union of Australia (MUA) continue to thrash out a new enterprise agreement.

QAN – QANTAS AIRWAYS LTD – up five cents, or 3.5 per cent, $1.495

The union representing customs workers says a series of national stoppages planned for next week will go ahead unless a satisfactory pay deal is reached.

SGM – SIMS METAL MANAGEMENT LTD – up 76 cents, or 6.2 per cent, at $13.05

Metal recycler Sims Metal Management says it will take advantage of current market volatility and buy back up to 10 per cent of its own shares.