Stocks to watch at close on Tuesday
Stocks to watch on the Australian stock exchange at the close on Tuesday:
ALL - ARISTOCRAT LEISURE - up seven cents, or 1.3 per cent, at $5.47
Gaming company Aristocrat Leisure is selling its lotteries business to the world's biggest online gaming software supplier, Playtech, for 10.5 million euros.
BHP - BHP BILLITON - up 20 cents, or 0.5 per cent, at $36.90
RIO - RIO TINTO - up 23 cents, or 0.4 per cent, at $63.03
FMG - FORTESCUE METALS GROUP - up one cent, or 0.2 per cent, at $4.10
The price of iron ore has fallen to a two year low, trading at $US87.10 a tonne.
BLK - BLACKHAM RESOURCES - down one cent, or 5.3 per cent, at 18 cents
Businessman Joseph Gutnick has reduced his stake in a West Australian gold explorer a week after resolving his stoush with the company's board.
DOW - DOWNER EDI - up three cents, or 0.6 per cent, at $4.84
Construction contractor Downer EDI has secured an initial 12 month contract for works on the Chevron-operated Gorgon natural gas project. The deal is valued at up to $170 million.
FLT - FLIGHT CENTRE - up 54 cents, or 1.1 per cent, at $48.10
Travel group Flight Centre has elevated one of its board members to chairman after Peter Morahan ended his seven years in the role.
NBL - NONI B - in a trading halt at 45 cents
The troubled fashion retailer is preparing to make an announcement about a potential material transaction, which follows a strategic review of the company's future by its major shareholders.