Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, Oct 5:

BSL - BLUESCOPE STEEL - up 10.00 cents, or 2.68 per cent, at $3.83

New Zealand Steel's blue collar workforce has agreed to forego annual bonus payments during unprofitable years to allow the Auckland-based unit of ASX-listed Bluescope Steel a fighting chance as it seeks $A50 million in annual savings.

CAR - CARSALES.COM - up 14.00 cents, or 1.41 per cent, at $10.07

Online car seller has completed the acquisition of a 65 per cent stake in Mexico-based auto classifieds website SoloAutos.

IVX - INVION - up 0.1 cents, or 7.69 per cent, at 1.4 cents

Australian drug developer Invion's migraine and blood pressure treatment drug Nadolol has found success as a new quit smoking agent.

WBC - WESTPAC BANKING CORP - up 35.0 cents, or 1.18 per cent, at $30.10

Thousands of St George Bank customers have been unable to use online, mobile and telephone banking services for 24 hours.


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