Last updated: February 04, 2014

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Business Breaking News

Stocks to watch at close on Tuesday

STOCKS to watch on the Australian stock exchange at the close on Tuesday:

DOW - DOWNER EDI - down six cents, or 1.23 per cent, at $4.80

Engineering and construction company Downer EDI expects the rest of this financial year will remain a period of consolidation for the business, rather than growth.

REA - REA GROUP - up $2.08, or 4.99 per cent, at $43.78

Real estate company REA Group has increased its net profit by 37 per cent due to growth in the Australian residential and commercial markets.