Stocks to watch on Monday

STOCKS to watch on the Australian stock exchange on Monday, April 29

GNC - GRAINCORP LTD - up 94 cents, or 7.9 per cent, at $12.81

GrainCorp shares are up almost eight per cent after the company announced it will recommend its shareholders accept the latest takeover offer by US food processing giant Archer Daniels Midland.

LEI - LEIGHTON HOLDINGS GROUP - up 16 cents at $20.01

The John Holland Group will rebuild Brisbane's iconic RiverWalk after winning the $72 million government contract.

RMD - RESMED INC - down four cents at $4.46

After posting record quarterly revenue, the founder of sleep disorder equipment supplier ResMed says the business has the capacity to grow even further as it provides the holy grail of healthcare.

WDC - WESTFIELD GROUP - down 20 cents at $11.59

Westfield Group's board is to be shaken up, with directors Stephen Johns and Fred Hilmer stepping down at next month's annual general meeting. (WESTFIELD on file)

AAP cdh

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