Stocks to watch
Market watch top headlines
Australian reports
- Aust markets: Stocks end higher on jobs surge
- Aust dollar report: $A reaches four-month high on jobs data
- Aust credit close: Bonds mixed after Japanese auction
World reports
- World commodities: Crude oil prices fall
- World markets: Wall St lower on European debt fears
AAP
2009-11-20
Stocks of interest on the Australian stock exchange at the close of trade:
ANZ - ANZ BANKING GROUP LTD - down 50 cents, or 2.25 per cent, at $21.75
ANZ Banking Group will sell its custodian services business to US Banking giant JP Morgan as the Australian lender moves to focus on its core markets in the Asia Pacific.
AVJ - AV JENNINGS LTD - flat at 54.5 cents
Home builder AV Jennings says it is well positioned for the future and expects to return to profitability in 2009/10.
BDG - BENDIGO MINING LTD - up half a cent, or 2.08 per cent, at 24.5 cents
Gold producer Bendigo Mining says it has discovered new mineralisations at projects in Tasmania and Victoria.
CBA - COMMONWEALTH BANK OF AUSTRALIA LTD - down 32 cents at $52.76
Commonwealth Bank says ratings agency Moody's Investors Service has placed about $9.5 billion of the lender's hybrid securities under review for a possible downgrade.
GTP - GREAT SOUTHERN LTD - suspended from trading, last traded at 12 cents
GNS - GUNNS LTD - up 2.5 cents, or 2.62 per cent, at 98 cents
Woodchipper Gunns says it is continuing to develop a proposal to take over the management of certain forestry managed investment schemes (MIS) that had been run by failed agricultural projects company Great Southern group.
MAP - MACQUARIE AIRPORTS - down four cents, or 1.42 per cent, at $2.77
Sydney Airport's passenger numbers have improved for the third month in a row, its largest owner MAp Airports Ltd says.
MMG - MACQUARIE MEDIA GROUP - down one cent at $2.10
MQG - MACQUARIE GROUP LTD - down 93 cents, or 1.9 per cent, at $48.01
The lenders to Macquarie Media Group's American local newspaper business have agreed not to exercise their rights for breaches of loan covenants in exchange for a fee and a higher interest rate.
MRN - MACQUARIE RADIO NETWORK LTD - up eight cents, or 14.55 per cent, at 63 cents
Macquarie Radio Network, which owns Sydney radio stations 2GB and 2CH, says its performance this year was significantly better than 2008/09, and should lead to full-year earnings growth of 31 per cent.
SGM - SIMS METAL MANAGEMENT LTD - in trading halt, last traded at $22.20
Sims Metal Management group chief executive Daniel Dienst says the company has come through the downturn well due to "fiscal prudence" and now is well placed to capitalise on the recovery in the global economy.
WPL - WOODSIDE PETROLEUM LTD - down $1.41, or 2.81 per cent, at $48.69
Oil and gas producer Woodside Petroleum says the costs of its Pluto LNG project, offshore from Western Australia, have blown out by up to 10 per cent.
