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Stocks to watch at close on Tuesday

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Stocks to watch

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AAP

2013-02-05

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

AGO - ATLAS IRON LTD - up 4.5 cents at $1.565

Atlas Iron says estimates for its Pilbara iron ore reserves have increased by 21 per cent to almost 500 million tonnes over the past seven months.

AIO - ASCIANO LTD - down four cents at $4.82

Workers at one of Australia's largest coal haulage operators will strike on Friday after pay negotiations broke down.

COH - COCHLEAR LTD - down $7.50 at $72.96

Hearing implants maker Cochlear has made a first-half net profit of $77.7 million after a record six months of sales.

MQG - MACQUARIE GROUP LTD - down $1.57 at $37.16

Macquarie Group expects a substantial rise in net profit, due to improving financial market conditions.

NVT - NAVITAS LTD - down five cents at $4.90

Global education services provider Navitas is poised for earnings growth following a pick up in student enrolments.

TCL - TRANSURBAN GROUP - up six cents at $6.16

Toll road operator Transurban's first-half profit has fallen by 16 per cent but the company has increased its payout to securityholders.