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Stocks to watch

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AAP

2009-11-23

Stocks to watch on the Australian stock exchange at close:

JHX - JAMES HARDIE INDUSTRIES NV - up 47 cents, or 6.35 per cent, at $7.87

James Hardie Industries NV says the US housing market appears to be nearing bottom and it expects full year earnings at the top end of analysts forecasts.

NAB - NATIONAL AUSTRALIAN BANK LTD - down 29 cents or 1.01 per cent, at $23.40

National Australia Bank Ltd chief executive Cameron Clyne says it is too early to say whether the bank will expand or exit the UK market because of regulatory uncertainty.

ANZ - ANZ BANKING GROUP LTD - up 15 cents, or 0.69 per cent, at $21.90

ANZ Banking Group has completed its acquisition of the Royal Bank of Scotland's Philippines unit and will complete its acquisition of RBS's Viet Nam unit by December 31, 2009.

TBI - THOMAS BRYSON INTERNATIONAL LTD - untraded, last traded at 40 cents

Australian products are to take prominence on the shelves of a new chain of home decor retail stores in China. Manufacturer Thomas Bryson International Ltd, which is listed on the Australian Securities Exchange, will for the first time open a chain of Thomas Bryson homeware stores throughout China.

RMS - RAMELIUS RESOURCES LTD - up 0.5 cents, or 1.09 per cent, 46.5 cents

DIO - DIORO EXPLORATION NL - steady at 91 cents

Ramelius Resources Ltd says it will allot shares on an accelerated basis to Dioro Exploration NL investors who accept its takeover offer for the fellow gold miner.

KMD - KATHMANDU HOLDINGS LTD - down 0.5 cents, or 0.29 per cent, to $1.705

Kathmandu Holdings Ltd, the outdoor goods retailer which listed in Australia and NZ just 10 days ago, is replacing Methven Ltd in the NZX 50 Index.