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:
NAB - NATIONAL AUSTRALIA BANK LTD - up 50 cents, or 1.9 per cent, at $26.85
National Australia Bank may be able to finally offload its troubled British banking division amid speculation that Spanish giant Santander is considering making a STG2 billion ($A3.04 billion) offer.
ORI - ORICA LTD - down 26 cents, or one per cent, at $25.43
The NSW Environment Protection Authority will meet with chemical company Orica to address community concerns about the firm's Port Botany facility.
PRU - PERSEUS MINING LTD - down 8.5 cents, or 4.2 per cent per cent, at $1.955
Jeff Quartermaine will replace Mark Calderwood as the Perseus Mining managing director and chief executive officer as part of the company's ongoing transition to an integrated gold exploration, development and production company.
QBE - QBE INSURANCE GROUP LTD - up 39 cents, or 3.3 per cent, at $12.14
Hundreds of jobs are under threat at global insurer QBE as it prepares to finalise a massive cost cutting plan.
SGM - SIMS METAL MANAGEMENT LTD - down 50 cents, or five per cent, at $9.48
Shares in Sims Metal Management have dived by six per cent after the company warned of possible fraud at two of its British businesses.
WES - WESFARMERS LTD - down three cents, or 0.08 per cent, at $37.72
Wesfarmers Insurance managing director Rob Scott will become finance director of the company's supermarket arm, Coles.