STOCKS to watch on the Australian stock exchange at close on Tuesday:
PPX - PAPERLINX - up 0.1 of a cent, or 2.3 per cent, at 4.4 cents
Paper merchant and packaging supplier PaperlinX will cut 75 jobs in Germany and 65 in the United Kingdom as the group continues to restructure its operations.
RIO - RIO TINTO - down six cents, or 0.09 per cent, at $66.84
Rio Tinto could dump its 19.1 per cent stake in a proposed copper and gold mine in Alaska that has been opposed by the local community and several of Rio Tinto's shareholders.
TCL - TRANSURBAN - up six cents, or 0.9 per cent, at $6.86
Transurban is close to completing the purchase of $475 million of debt held by Sydney's Cross City Tunnel.
WCB - WARRNAMBOOL CHEESE AND BUTTER - steady at $9.25
Canadian dairy firm Saputo has increased its stake in Warrnambool Cheese and Butter to almost 18 per cent.
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