Stocks to watch at close on Friday
Market watch top headlines
SYDNEY, Nov 9 AAP
November 09 2012, 4:23PM
Stocks to watch on the Australian stock exchange at close on Friday:
ANZ - ANZ BANKING GROUP LTD - up 19 cents at $24.56
ANZ Banking Group has left its variable mortgage interest rates unchanged after its November review.
BOQ - BANK OF QUEENSLAND LTD - up three cents at $7.50
Bank of Queensland's (BOQ) chief executive was paid $1.8 million, including a half million dollar bonus, in the same year the company made a loss.
LYC - LYNAS CORPORATION - in trading halt, last traded at 80.5 cents
Rare earths miner Lynas Corporation is set to conduct a capital raising.
MAH - MACMAHON HOLDINGS LTD - steady at 30 cents
MacMahon Holdings shareholders appear to have delivered a "first strike" against the company's remuneration report.
NAB - NATIONAL AUSTRALIA BANK LTD - down $1.06 at $23.81
National Australia Bank (NAB) will pay $85 million in a settlement of a class action relating to its heavy losses over toxic subprime home loans in the United States.
ORG - ORIGIN ENERGY LTD - down 63 cents at $10.42
Shares in Australia's largest electricity retailer, Origin Energy, have plunged to their lowest level since early 2008, amid a profit downgrade and debt worries.
SPN - SP AUSNET - up one cent at $1.06
Victorian electricity and gas distributor SP AusNet's half-year profit has grown by 16 per cent due to higher electricity prices and an increase in gas volumes.