Stocks to watch at noon on Monday

Stocks to watch on the Australian stock exchange at noon on Monday:

JHX - JAMES HARDIE INDUSTRIES - down 14 cents, or 1.22 per cent, at $11.30

CSR - CSR - down 2.5 cents, or 0.78 per cent, at $3.195

James Hardie Industries, the global building materials supplier, has been dragged back into the New Zealand government's class action over leaky school buildings with a cross-claim filed against the company by another defendant.

QAN - QANTAS AIRWAYS - down 3.5 cents, or 2.59 per cent, at $1.315

Foreign ownership of Qantas is close to its government-imposed limit, with nearly 48 per cent of the airline now held by overseas investors.

SGP - STOCKLAND - down 5.00 cents, or 1.27 per cent, at $3.89

Property group Stockland has paid almost $60 million for a regional Queensland shopping centre.