Stocks to watch on the Australian stock exchange on Friday, June 27:

AGK – AGL ENERGY – up 43 cents, or 2.8 per cent, a $15.61

The competition tribunal has backed energy giant AGL’s bid to buy two NSW state-owned power stations.

CTX – CALTEX AUSTRALIA – up 12 cents, or 0.6 per cent, at $21.71

Fuel supplier Caltex has warned of a fall in first half profit, including a large loss from its refining operations.

ILU – ILUKA RESOURCES – up 15 cents, or 1.8 per cent, at $8.45

Mineral sands miner Iluka has approached the operator of a titanium mine in Mozambique about a possible takeover.

MVF – MONASH IVF – up 5.5 cents, or three per cent, at $1.905

One of Australia’s largest fertility companies has enjoyed a successful debut on the share market.

NCR – NUCOAL RESOURCES – steady at 1.3 cents

A NSW coal company is mounting a constitutional challenge in the High Court to a state law cancelling corruption-tainted exploration licences.

SXL – SOUTHERN CROSS MEDIA – up two cents, or 1.9 per cent, at $1.07

The former boss of Southern Cross Media, Tony Bell, has resigned from the company’s board.

TAH – TABCORP – up 21 cents, or 6.2 per cent, at $3.60

TTS – TATTS GROUP – up 13 cents, or 4.35 per cent, at $3.12

A judgment in a Supreme Court case involving Tabcorp, Tatts and the Victorian government, related to the expiration of the companies’ gaming machine licences, is expected late on Thursday.