A ROUND-UP of some of the key stock movements on the Australian Stock Exchange (ASX) in the trading week to Friday, December 14, 2012:
(Includes change on share price from previous Friday close)
APN - APN NEWS AND MEDIA - down two cents or seven per cent to 26.5 cents
APN News & Media shares fell to a record low and had $33 million wiped off its market value after its shares plunged to new lows following a profit warning.
ALZ - AUSTRALAND - up 29 cents, or 9.6 per cent, at $3.31
GPT - GPT GROUP - down four cents, or 1.1 per cent, at $3.56
Australand has rejected an offer from fellow property company GPT Group for its commercial and industrial and investment property portfolio.
BHP - BHP BILLITON LTD - up $1.33, or 3.8 per cent, at $36.07
BHP Billiton has rid itself of looming risks with the controversial $30 billion Browse gas project after deciding to sell its interest to oil and gas giant PetroChina.
MAH - MACMAHON HOLDINGS - down 0.8 cents or 3.6 per cent, at 21.5 cents
Shares in Macmahon Holdings slumped to an eight-year low after the mining contract launched a $80.7 million capital raising and sold its ailing construction business.
QAN - QANTAS AIRWAYS - up five cents or 3.6 per cent, at $1.395
The competition watchdog has approved plans by Qantas to more closely integrate its operations with that of its low-cost airline Jetstar.
SXL - SOUTHERN CROSS MEDIA - down six cents, or 5.4 per cent, at $1.045
Southern Cross Media Group said it resume advertising on Sydney radio station 2DayFM but donate the profits following a backlash over a prank call to a London hospital.
WPL - WOODSIDE PETROLEUM - up 10 cents, or 0.3 per cent, at $34.32
Woodside Petroleum has warned that further cost blowouts in the oil and gas industry could jeopardise future long-term investment.
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