Stocks of interest at the close of trade on the ASX on Monday, October 29:
ANZ – ANZ – up 29 cents, or 1.2 per cent, at $25.20
CBA – COMMONWEALTH BANK – up 83 cents, or 1.3 per cent, at $66.64
NAB – NATIONAL AUSTRALIA BANK – up 26 cents, or 1.1 per cent, at $24.96
WBC – WESTPAC – up 32 cents, or 1.2 per cent, at $26.28
Hopeful bargain hunters swooped on major lenders ahead of bank reporting season, lifting the pummelled big four stocks.
KGN – KOGAN – down $1.53, or 33 per cent, at $3.11
Kogan.com has had about $130 million wiped off its market capitalisation after the online retailer flagged declining first-quarter margins and a consumer watchdog investigation of one of its promotions.
NVT – NAVITAS – up 4.0 cents, or 0.8 per cent, at $5.02
Tuition provider Navitas has spurned a $1.4 billion takeover offer from its co-founder and local private equity firm BGH, saying it undervalues the company.
RIO – RIO TINTO – up 54 cents, or 0.7 per cent, at $74.70
A non-binding agreement for Rio Tinto to sell its stake in Guniea’s Simandou iron ore mine to the Aluminum Corp of China has lapsed after two years of failing to strike a deal.
