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Monday 17

December, 2018 7:07 AM



Stocks to watch

Stocks to watch

Stocks of interest at the close of trade on the ASX on Tuesday, December 4.

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By AAP 04.12.2018 04:34 PM

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.

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