Stocks to watch
Stocks of interest on the Australian share market at the close on Monday:
TLS -TELSTRA - up 5 cents, or 1.8 per cent, to $2.81
Telstra has overhauled its senior executive team and hired former SBS boss Michael Ebeid to look after its corporate and government customers.
AAD - ARDENT LEISURE GROUP - down 6 cents, or 3 per cent, to $1.95
Ardent Leisure says it will suffer an $84 million to $94 million loss for 2017/18, with cuts to the value of Dreamworld plus impairments on its US entertainment centres business weighing on results.
HSO - HEALTHSCOPE - down 2 cents, or 0.9 per cent, to $2.21
Hospital operator has agreed to sell its Asian pathology business to private equity firm TPG Capital for $279 million, just two months after rejecting two $3 billion-plus offers.
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