Stocks to watch at close on Tuesday
Market watch top headlines
tocks to watch on the Australian stock exchange at close on Tuesday:
GNC - GRAINCORP LTD - up 38 cents at $12.32
Graincorp is likely to reject US food processing giant Archer Daniels Midland Company's (ADM) second takeover bid, a market analyst says.
PMV - PREMIER INVESTMENTS LTD - down seven cents at $6.40
Retail company Premier Investments says the lack of GST on overseas online purchases under $1000 is seriously harming Australian businesses.
SGP - STOCKLAND GROUP - down two cents at $3.38
Property group Stockland has warned its earnings will fall by 15 per cent if the Victorian market fails to show any improvement.
WHC - WHITEHAVEN COAL LTD - down two cents at $3.01
Whitehaven Coal says a train derailment will interrupt shipments from the company's Narrabri mine in NSW for at least another fortnight.