Stocks of interest on the Australian Securities Exchange on Tuesday:
ELD – ELDERS – up 17 cents, or 5.35 per cent, $3.35
Agribusiness Elders expects strong prices for sheep and cattle and rising demand for live exports to continue to drive its profit growth.
RIO – RIO TINTO – down 65 cents, or 1.1 per cent, at $57.45
Rio Tinto is reportedly again looking to sell off its Pacific Aluminium business, which owns smelters in Australia and New Zealand.
S32 – SOUTH 32 – trading at $2.05
Shares in BHP Billiton spin-off South32 fell away in afternoon trade from the $2.13 they began trading at noon.
VET – VOCATION – up 0.5 cents, or 3.6 per cent, at 14.5 cents
Troubled education group Vocation is paying back $8 million to the Victorian government and recalling the qualifications of 1,100 students.