Stocks to watch on the Australian stock exchange at the close on Monday:
AZJ – AURIZON – up three cents, or 0.6 per cent, at $4.90
Rail operator Aurizon wants to abolish workplace agreements that prevent it from making forced redundancies as it prepares to cut 480 jobs.
CCL – COCA-COLA AMATIL – down two cents, or 0.2 per cent, at $9.13
The new boss at Coca-Cola Amatil has split the company’s beverage operations in two, ending the tenure of a senior manager.
IPL – INCITEC PIVOT – up three cents, or 1.1 per cent, at $2.85
Explosives and fertiliser maker Incitec Pivot increased half year net profit by seven per cent to a better than expected $115.7 million, driven by a 10 per cent jump in explosives earnings.
LEI – LEIGHTON HOLDINGS – down 25 cents, or 1.25 per cent, at $19.80
A senior executive at Leighton Holding’s Thiess subsidiary in India has been arrested.