Stocks to watch on the Australian stock exchange on Monday November 21
BOW – BOW ENERGY LTD – down 0.5 cents at $1.49
Bow Energy is due to hold its AGM on Monday
BXB – BRAMBLES LTD – up one cent at $6.82
Pallet supplier Brambles has signed a $US135 million ($A134.11 million) service agreement with PepsiCo.
IIN – IINET LTD – suspended from trading, last traded at $2.36
Internet service provider iiNet has been granted a voluntary suspension of its shares pending news of a potential acquisition.
KMD – KATHMANDU HOLDINGS LTD – down three cents at $1.92
Outdoor clothing chain Kathmandu Holdings says sales jumped 16 per cent in the first quarter of fiscal 2012, in line with expectations.
MCP – MCPHERSON’S LTD – down 19 cents at at $2.08
Kitchen goods marketer McPherson’s plans to split its consumer products and printing divisions to create two, separately listed companies.
ORI – ORICA LTD – down 18 cents at $25.01
Explosives and mining services supplier Orica says the closure of its Kooragang Island facility in Newcastle is costing $4 million in earnings each week.
OST – ONESTEEL LTD – down 3.5 cents at 96.5 cents
OneSteel is due to hold its AGM on Monday
RIO – RIO TINTO LTD – down $1.02 at $67.05
The fight for Canadian junior uranium explorer Hathor Exploration continues with Rio Tinto increasing its offer to $C654 million ($A636 million).
SEK – SEEK LTD – last traded at $5.98
SEEK Ltd is due to hold its AGM on Monday.
SPT – SPOTLESS GROUP LTD – up three cents at $2.42
Spotless Group is due to hold its AGM on Friday
STO – SANTOS LTD – down 26 cents at $12.88
Santos says it is holding on to its Barossa and Caldita gas fields in the Timor Sea, ruling out a sale of the assets to fund its liquefied natural gas (LNG) projects in Queensland and Papua New Guinea.
TLS – TELSTRA CORPORATION – down five cents at $3.14
Telstra Corporation says strong and profitable growth in mobile and broadband customer numbers will offset a higher than expected fall in revenue from its Sensis business in the current financial year.
