Stocks to watch at close on Friday
Market watch top headlines
Stocks to watch on the Australian stock exchange at close on Friday:
ALS - ALECO CORPORATION LTD - up one cent at $1.915
DuluxGroup has increased its holding in Alesco to 49.18 per cent from 48.25 per cent in the three days since the takeover target held its annual meeting for shareholders.
ANZ BANKING GROUP LTD - up 10 cents at $24.84
ANZ Banking Group has sold its wholesale mortgage distribution business as it continues to strengthen its capital position.
EGP - ECHO ENTERTAINMENT GROUP LTD - down three cents at $3.83
The former managing director of The Star casino in Sydney was paid nearly $200,000 after being sacked for inappropriate behaviour.
NCM - NEWCREST MINING LTD - down 88 cents at $28.90
An electrical fault in the main oxygen plant has caused a 25 per cent reduction in capacity at Newcrest's Lihir mine in Papua New Guinea.
PMV - PREMIER INVESTMENTS - up 42 cents at $5.60
Premier Investments, which owns retailers such as Just Jeans and Jay Jays, has posted a 68 per cent profit rise and says recent sales have been stronger than in the previous year.
QAN - QANTAS AIRWAYS LTD - down one cent at $1.265
Qantas will be split up and sold off at a "rock-bottom price" within four years if its proposed tie-up with Emirates goes ahead, the transport union says.