Stocks to watch on the Australian stock exchange on Monday, August 3:

CSL – CSL – up $2.61, or 2.7 per cent, at $98.96

Biotechnology giant CSL has moved a step closer to acquiring Novartis’ influenza business as part of a deal that will create the world’s second biggest flu vaccine company.

ERA – ENERGY RESOURCES OF AUSTRALIA – up two cents, or 5.6 per cent, at 38 cents

Uranium miner Energy Resources of Australia has slumped to a $255 million half year loss after shelving a major mine expansion in challenging conditions.

FLT – FLIGHT CENTRE – up 11 cents, or 0.3 per cent, at $35.62

Flight Centre has won an $11 million refund with interest after successfully appealing a price fixing case.

OGC – OCEANAGOLD – down 41 cents, or 14.7 per cent, at $2.38

OceanaGold is taking over north America’s Romarco Minerals in a move expected to create a low cost gold producer.

ORG – ORIGIN ENERGY – down one cent, or 0.1 per cent, at $11.34

Origin Energy has lifted quarterly production and revenue despite plunging oil prices.

PEP – PEPPER GROUP – up 70 cents, or 26.9 per cent, at $3.30

Shares in lender and loan servicing company Pepper Group have soared more than 20 per cent in their first few minutes on the share market.

PDN – PALADIN – down two cents, or 8.9 per cent, at 20.5 cents

Uranium miner Paladin plans to continue slashing costs in its bid to break even as uranium prices remain weak.

PRY – PRIMARY HEALTH CARE – down two cents, or 0.4 per cent, at $4.60

Medical services company Primary Health Care’s sell-off of Vision Eye Institute shares was a necessary step to address its faltering bottom line, an analyst says.

RMD – RESMED INC – up 48 cents, or 6.4 per cent, at $8.00

Sleep disorder device supplier Resmed will acquire Curative Medical in a move it says will give it a leadership position in the Chinese market.