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Stocks to watch

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AAP

2013-01-04

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

LLC - LEND LEASE GROUP - up four cents at $9.53

Lend Lease said it had won a 170 million-pound ($A263 million) contract to construct two building in central London, at the site of the former Kingsgate House.

MAH - MACMAHON HOLDINGS - up 0.5 cent at 29 cents

LEI - LEIGHTON HOLDINGS - up 35 cents at $19.00

Macmahon Holdings said an existing agreement to sell its construction operations to Leighton Holdings meant it was unable to let an Indian-based bidder that emerged on Thursday conduct due diligence on the assets.

RIO - RIO TINTO - down 70 cents at $68.55

BHP - BHP BILLITON - down 24 cents at $37.91

FMG - FORTESCUE METALS GROUP - down 18 cents at $4.86

Mining shares have led the Australian share market lower, following falls in commodity prices during the offshore session on Thursday night.

AGO - ATLAS IRON LTD - down six cents at $1.81

Atlas Iron said it was on track to produce up to 7.7 million tonnes of iron ore in 2012/13 after bringing its third Pilbara iron ore mine into production.