Stocks to watch on Friday
Market watch top headlines
November 09 2012, 07:16AM
Stocks to watch on the Australian stock exchange on Friday November 9
ANZ - ANZ BANKING GROUP LTD - down $1.14 at $24.37
CBA - COMMONWEALTH BANKING OF AUSTRALIA - up 38 cents at $58.18
NAB - NATIONAL AUSTRALIA BANK LTD - down 12 cents at $24.87
WBC - WESTPAC BANKING GROUP LTD - up seven cents at $25.93
Australia's major banks are strong enough to withstand a major global economic downturn, the industry's regulator says.
GBG - GINDALBIE METALS LTD - down 0.5 cents at 32 cents
Gindalbie Metals expects to complete almost 300,000 tonnes of shipments from its Karara iron ore project in Western Australia.
GMG - GOODMAN GROUP - in trading halt, last traded at $4.49
Commercial and industrial property owner Goodman Group has expanded into Brazil and will issue new equity to raise $400 million for further growth
LYC - LYNAS CORPORATION LTD - up 8.5 cents at 80.5 cents
Shares in Lynas Corporation surged in late trade after a Malaysian court paved the way for the company to begin operating a controversial rare earths processing plant.
MAH - MACMAHONS HOLDINGS LTD - down 0.5 cents at 30 cents
Mining contractor Macmahon Holdings says it has reached a termination agreement with its former chief executive Nick Bowen valued at more than $380,000.
QAN - QANTAS AIRWAYS LTD - down two cents at $1.28
Qantas Airways says about 150 of its employees and 250 contractors will go as part of changes to its engineering operations.
RSG - RESOLUTE MINING LTD - up 2.5 cents at $1.935
Noble Mineral Resources has accepted an $85 million financing offer from Resolute Mining.
TSE - TRANSFIELD SERVICES LTD - up two cents at $1.59
Transfield Services has won a $200 million contract to provide maintenance and operations services to QGC's Queensland upstream coal seam gas assets.