Stocks to watch on the Australian stock exchange on Friday, Sept 4:
MYR – MYER
WES – WESFARMERS
WOW – WOOLWORTHS
Retail spending has fallen for the first time in more than a year, dragged down by a drop in spending on household goods.
RIO – RIO TINTO
Mining giant Rio Tinto has outlined plans to cut more costs from its iron ore operations as it deals with falling prices.