Stocks to watch on the Australian stock exchange at the close on Tuesday:
AZQ - ASCOT RESOURCES - up 1.7 cents, or 21.8 per cent, at 9.5 cents
Ascot Resources has signed a $2 million deal to acquire the Wonmunna Iron Ore Project in the Pilbara region of Western Australia.
DJS - DAVID JONES - up four cents, or 1.2 per cent, at $3.33
MYR - MYER - down one cent, or 0.4 per cent, at $2.65
Retailer David Jones will undertake a thorough assessment of a merger proposal put by rival Myer.
NUF - NUFARM - up 10 cents, or 2.6 per cent, at $4.00
Agricultural chemicals and seeds supplier Nufarm will cut 105 jobs as part of a cost-cutting restructure of its Australian operations.
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