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Stocks to watch at close on Tuesday

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Stocks to watch

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AAP

2012-12-18

Stocks to watch on the Australian stock exchange at the close of trade on Tuesday:

ANN - ANSELL - up 10 cents or 0.65 per cent $15.50

Gloves and condom maker Ansell has increased its exposure to Latin America by buying Brazilian military clothing company Hercules for $US77 million ($A73.31 million).

ALZ - AUSTRALAND PROPERTY GROUP - nine cents, or 2.67 per cent, at $3.46

MGR - MIRVAC GROUP - down 2.5 cents, or 1.66 per cent, at $1.485

GPT - GPT GROUP - down three cents, or 0.83 per cent, at $3.58

Takeover target Australand says it has not received an approach from property giant Mirvac about a potential merger.

CBA - COMMONWEALTH BANK of AUSTRALIA down 16 cents, or 0.26 per cent at $61.45

Commonwealth Bank is taking control of John Symond's Aussie Home Loans increasing its stake to 80 per cent and extending its position as the country's number one home lender.

DLX - DULUXGROUP down five cents, or 1.35 per cent, to $3.72

Paint maker DuluxGroup says sales have improved so far in fiscal 2013 and expects a rise in full year net profit.

FUN - FUNTASTIC LTD - down one cent, or 4.55 per cent, at 23 cents

Toy distributor Funtastic has reaffirmed its guidance of $23 million to $25 million in earnings for fiscal 2013.

LNG - LIQUEFIED NATURAL GAS LTD - down two cents, or 5.67 per cent, at 32 cents

Liquefied Natural Gas Ltd says the cost of building its Fisherman's Landing project in Queensland is on track to cost US$1.1 billion ($A1.05 billion).