Stocks to watch on the Australian stock exchange on Monday, Sept 22:

ARI – ARRIUM – down 2.5 cents, or 6.3 per cent, at 37.5 cents

Shares in the iron ore and steel maker continue to fall after it wrapped up a $754 million capital raising to help reduce its debt.

OGC – OCEANAGOLD – up eight cents, or 3.1 per cent, at $2.64

AQG – ALACER – up 20.5 cents, or 10.7 per cent, at $2.13

ASX-listed OceanaGold has confirmed it has made a number of takeover approaches to Alacer since February but the Canadian company has not been willing to engage in discussions.

RCT – REEF CASINOS TRUST – up one cent, or 0.2 per cent, at $4.19

The Foreign Investments Review Board will not stand in the way of a Hong Kong billionaire’s bid to own Reef Hotel Casino in Cairns.

SYD – SYDNEY AIRPORT – up two cents, or 0.5 per cent, at $4.30

Passenger traffic numbers are up for the month and for the year at Sydney Airport.