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PREVIOUS ARTICLE Finance Week for June 3 - 9 NEXT ARTICLE Cartel charges for ANZ over $2.5bn raising

Stocks to watch on the Australian stock exchange:

ANZ – ANZ BANKING GROUP – down 41 cents, or 1.5 per cent, at $26.80

ANZ is facing criminal charges by the Commonwealth Director of Public Prosecutions over alleged cartel conduct related to a $2.5 billion share placement in 2015.

QAN – QANTAS AIRWAYS – up 3 cents, or 0.5 per cent, at $6.38

Qantas and Air New Zealand have launched a codeshare agreement, which will be applied to 115 domestic routes in New Zealand and Australia, making travel between the two countries easier.

WPL – WOODSIDE PETROLEUM – down 27 cents, or 0.8 per cent, at $32.14

STO – SANTOS – down 5 cents, or 0.9 per cent, at $5.81

OSH – OIL SEARCH – down 8 cents, or one per cent, at $8.19

ORG – ORIGIN ENERGY – down 15 cents, or 1.6 per cent, at $9.45

Oil stocks are under pressure on Friday after US oil prices fell nearly two per cent, despite a larger-than-expected decline in US crude inventories, while global benchmark Brent was little changed.