Stocks to watch on the Australian stock exchange:

BXB – BRAMBLES – up 1 cent, or 0.1 per cent, at $10.04

Brambles has inked a deal to sell North American whitewood pallets business CHEP Recycled to private equity firm Grey Mountain Partners for $US115 million ($A161 million).

RFG – RETAIL FOOD GROUP – down 13 cents, or 5.23 per cent, at $2.34

Retail Food Group’s already struggling shares have fallen again after the cafe and bakery owner issued its second profit warning in less than a month.