Stocks to watch at close on Monday
Market watch top headlines
Stocks to watch on the Australian stock exchange at the close of trade on Monday:
FXJ - FAIRFAX MEDIA LTD - up 3.5 cents, or 7.37 per cent, at 51 cents
John Singleton has taken a stake in Fairfax Media and is joining forces with his long-time friend Gina Rinehart to push for a "significant" say in the company.
RIO - RIO TINTO - down 52 cents at $66.01
BHP - BHP BILLITON - down 30 cents at $37.10
The major miners all posted gains at the end of last week after the iron ore price climbed but their shares eased on Monday after metals prices fell during Friday's offshore session.
SDL - SUNDANCE RESOURCES - up five cents, or 15.6 per cent, at 37 cents
Privately owned Chinese company Hanlong plans to complete the acquisition of Sundance Resources Ltd for 45 cents (50 US cents) per share by March 1, after submitting paperwork to the Australian Securities and Investments Commission.