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Stocks to watch at close on Friday

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Stocks to watch

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AAP

2012-12-07

Stocks to watch on the Australian stock exchange at close on Friday:

AGK - AGL ENERGY LTD - up 10 cents at $14.34

Electricity retailer AGL Energy is seeking a stay on a foreshadowed move to reduce power costs in South Australia in the new year, a judge has been told.

ANZ - ANZ BANKING GROUP LTD - up 17 cents at $24.89

ANZ is the first Australian bank to be granted approval to open an office in Myanmar (Burma).

GFF - GOODMAN FIELDER LTD - down one cent at 66.5 cents

Breads and spreads supplier Goodman Fielder will sell its Champion Milling business in New Zealand for $NZ51 ($A40.88) million.

MYR - MYER HOLDINGS LTD - down one cent at $2.16

Myer has blamed economic conditions, the introduction of the carbon tax and a GST loophole on goods bought overseas for its weak performance.

SOL - WASHINGTON H SOUL PATTINSON - up six cents at $13.09

BKW - BRICKWORKS LTD - down one cent at $11.23

Washington H Soul Pattison chairman Robert Millner has defended the investment firm's review of its cross-shareholding with Brickworks after major institutional shareholder Perpetual Investments expressed concerns about its independence.