Stocks to watch on the Australian stock exchange on Monday, November 19
ANZ – ANZ BANKING GROUP LTD – down 39 cents at $23.66
ANZ chief executive Mike Smith’s annual pay has grown to $10.1 million on the back of larger cash bonuses.
CCV – CASH CONVERTERS LTD – up one cent at 99 cents
Cash Converters expects to increase its short-term lending this financial year as smaller providers leave the industry due to regulatory changes.
GMG – GOODMAN GROUP – steady at $4.49
Industrial property owner Goodman Group has maintained its full-year earnings forecast as it continues to expand globally.
KMD – KATHMANDU HOLDINGS LTD – up six cents at $1.41
Shares in clothing and equipment retailer Kathmandu have soared after it posted a 19.5 per cent boost in sales for the last 15 weeks.
WHC – WHITEHAVEN COAL LTD – down five cents at $2.74
Miner Whitehaven Coal has responded to the decline in global coal prices by announcing that it will scale back its presence in Brisbane and sack 10 workers.
WOW – WOOLWORTHS LTD – down 16 cents at $28.11
A union has threatened to boycott Woolworths if it does not help workers and sub-contractors owed money following the collapse of a company building a supermarket in Sydney’s north.
