Stocks to watch on the Australian stock exchange at close on Monday:
AIO – ASCIANO – down 10 cents, or 1.55 per cent, at $6.36
Rail and port operator Asciano’s chief executive John Mullen is predicting stronger profit growth this year and says the underlying Australian economy is still strong.
ARI – ARRIUM – down two cents, or 11.8 per cent, at 15 cents
Mining and metals group Arrium lost almost $9 for every tonne of iron ore it shipped during the first three months of 2015.
EVN – EVOLUTION MINING – down 1.5 cents, or 1.6 per cent, at 91.5 cents
Evolution Mining has snared the West Australian gold assets of an Egyptian billionaire and picked up a $100 million cash injection to put towards future acquisitions.
OZL – OZ MINERALS – down two cents, or 0.5 per cent, at $3.89
Oz Minerals will move beyond its traditional copper and gold mining operations as it looks to take advantage of the resources sector’s slump and hits the acquisition trail.
QFX – QUICKFLIX – up 0.05 cents, or 33.3 per cent, at 0.15 cents
Streaming service Quickflix says the launch of rival Netflix has sparked interest in the industry and helped it attract thousands of new customers.
SYD – SYDNEY AIRPORT – down three cents, or 0.6 per cent, at $5.34
The Cricket World Cup significantly boosted passenger numbers at Sydney and Melbourne airports in March.
TFC – TFS CORPORATION – steady at $1.635
Formula 1 driver Daniel Ricciardo has joined cricketer Adam Gilchrist as an ambassador for an Australian producer of sandalwood oil, used in fragrances and medical products.
