Stocks to watch at close on Monday
Market watch top headlines
Stocks to watch on the Australian stock exchange on at close Monday November 12
BCS - BRISCONNECTIONS - in a trading halt, last traded at 40 cents.
The operator of Brisbane's Airport Link toll road has indicated it is experiencing funding trouble, while two directors have handed in their resignations.
BSL - BLUESCOPE STEEL LTD - down 2.5 cents at 45.5 cents
BlueScope Steel has scrapped a previously announced offer of $US300 million ($A289.9 million) in notes to institutional investors.
IPL INCITEC PIVOT - down 16 cents at $2.91
Fertiliser maker Incitec Pivot says the shutdown of a Mt Isa sulphuric acid plant for up to a month could cost it $25 million.
JHX - JAMES HARDIE INDUSTRIES PLC - down 19 cents at $9.20
Former James Hardie non-executive directors who misled investors about its asbestos compensation fund have been fined $25,000 and disqualified from serving on boards for two years.
ORG - ORIGIN ENERGY - down 14 cents at $10.28
Origin Energy chairman Kevin McCann says households will be worse off if state governments continue to regulate electricity prices.
ORI - ORICA - down 99 cents at $24.01
Chemicals manufacturer Orica's annual profit has fallen by 37 per cent, but it expects an improvement in its underlying performance the year ahead.
OSH - OIL SEARCH - down 25 cents at $7.11
The cost of a liquified natural gas (LNG) project in Papua New Guinea part-owned by Santos and Oil Search has increased by $US3.3 billion ($A3.18 billion) to $US19 billion ($A18.34 billion).
QBE - QBE INSURANCE - down $1.07 at $11.80
Shares in QBE have plunged by more than 11 per cent after the insurer said its losses from superstorm Sandy in the United States could hit $US450 million ($A434.85 million).