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Stocks to watch

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AAP

2012-12-04

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.