Stocks of interest at the close of trade on the ASX on Tuesday, December 4:
MTS – METCASH LIMITED – down 19 cents, or 7.22 per cent, to $2.44
Metcash shares have continued to fall, tumbling more than seven per cent a day after the company said it sees more tough times ahead in the supermarket sector.
RMD – RESMED INC. – down 15 cents, or 0.98 per cent, to $15.17
Dual-listed ResMed announced its second major digital acquisition in a month, with the sleep device manufacturer to spend $US225 million ($A306 million) on asthma and pulmonary specialist Propeller Health.
SWM – SEVEN WEST MEDIA – down one cents, or 1.44 per cent, 68.5 cents
Seven West Media hired Daily Telegraph deputy editor Anthony De Ceglie to head up its West Australian newspaper division.
TPM – TPG TELECOM LIMITED – down 20 cents, or 2.65 per cent, to $7.35
TPG has been slapped with federal court proceedings by the consumer watchdog for allegedly pocketing millions of dollars from a non-refundable fee it told its internet customers was a prepayment.
COL – COLES GROUP – down 13 cents, or 1.12 per cent, to $11.49
Coles have suffered losses for six consecutive days, and have only gained for two since listing on the ASX as a separate entity following its demerger from Wesfarmers.