Stocks to watch on the Australian stock exchange on Tuesday, Nov 6:

AIO – ASCIANO LTD – down eight cents, or 1.77 per cent, at $4.43

Asciano, Australia’s largest rail freight and ports operator, has exercised its right to acquire the other 50 per cent of its C3 joint venture in New Zealand for $NZ70 million ($A56.21 million).

ELD – ELDERS LIMITED – up one cent or 6.9 per cent to 15.5 cents

Agribusiness and automotive interiors supplier Elders has appointed corporate advisor Greenhill & Co Australia to help the company with the sale process of its rural services business.

NFE – NORTHERN IRON LTD – down 22.5 cents or 36.2 per cent to 39.5 cents

Northern Iron shares have plunged by more than 30 per cent after a would-be suitor withdrew its takeover offer for the company.

PAG – PRIMEAG AUSTRALIA LTD – down 1.5 cents or 1.33 per cent $1.105

Rural investor PrimeAg Australia says it has received strong interest in its proposal to sell its farms and water rights.

SDL – SUNDANCE RESOURCES LTD – up one cent or 2.85 per cent to 36.0 cents

Hanlong Africa Mining has secured a fresh round of finance from a Chinese bank to fund its acquisition of Sundance Resources, the takeover target says.

WBC – WESTPAC BANKING CORPORATION – up 32 cents, or 1.27 per cent, at $25.35

Westpac’s full year net profit has fallen by 15 per cent to $5.97 billion due to the tax implications of its takeover of smaller rival St George.