Stocks to watch on Monday
Stocks of interest on the Australian Securities Exchange on Monday:
HVN - HARVEY NORMAN - up 26 cents, or 7.9 per cent, at $3.55
Harvey Norman expects the strengthening housing market to boost its business, after achieving sales and profit growth in the past year.
NAB - NATIONAL AUSTRALIA BANK - up 43 cents, or 1.24 per cent, at $35.20
National Australia Bank will float its US subsidiary Great Western Bank as it looks to focus on its core Australian and New Zealand operations.
QAN - QANTAS AIRWAYS - up 8.5 cents, or 6.14 per cent, at $1.47
Qantas shares continue to rise after it posted its worst ever loss of $2.8 billion on Thursday.
TSE - TRANSFIELD SERVICES - up 34.0 cents, or 24.11 per cent, at $1.75
Maintenance and asset management firm Transfield Services has returned to profit and expects its positive momentum to continue.
VAH - VIRGIN AUSTRALIA HOLDINGS - up one cent, or 2.47 per cent, at 41.5 cents
Virgin boss John Borghetti has been unable to provide a flight-path to profitability for the year ahead after the airline announced its losses had blown out three-fold to $355.6 million.
WOW - WOOLWORTHS - down 49 cents, or 1.3 per cent, at $36.46
Woolworths is taking mounting losses from the rollout of its Master's hardware business in its stride as it continues to lift the performance of its supermarkets and liquor stores.
