Stocks to watch on the Australian stock exchange on Friday, July 18:

AAC – AUSTRALIAN AGRICULTURAL COMPANY – up one cent, or 0.79, at $1.27

Australia’s free trade agreements with Japan and South Korea will benefit the beef industry over time, says Australia’s biggest beef producer, Australian Agricultural Company (AACo).

AGK – AGL ENERGY – down 87 cents, or 5.51 per cent, at $14.91

AGL says its full year profit will come in at $561 million, in line with guidance.

AZZ – ANTARES ENERGY – in a trading halt, last traded at 59 cents

Shares in oil and gas company Antares Energy have been placed in a trading halt, pending the announcement of a takeover proposal.

DJS – DAVID JONES – up one cent, or 0.25 per cent, at $3.99

Shares in David Jones have been placed in a trading halt, pending a court hearing on a takeover by South African retailer Woolworths Holdings.

DVL – DORSAVI – up one cent, or 2.25 per cent, at 45.5 cents

The Australian company behind a unique sensor technology that helps get injured sports stars back up and running has signed up one of Brazil’s biggest soccer clubs.

KAR – KAROON GAS AUSTRALIA – up three cents, or 0.9 per cent, at $3.37

Shares in Karoon Gas Australia have risen after the explorer discovered gas in the Browse Basin off Western Australia.

WPL – WOODSIDE PETROLEUM – up 25 cents, or 0.6 per cent, at $41.87

Woodside Petroleum has lifted its annual production target after enjoying a double-digit rise in second quarter production levels and sales.