Stocks to watch on the Australian stock exchange at the close on Friday:
FXJ - FAIRFAX MEDIA - up 2.5 cents, or 3.1 per cent, at 83 cents
MRN - MACQUARIE RADIO NETWORK - up six cents, or 4.8 per cent, at $1.32
Fairfax Media and the owner of Sydney station 2GB have confirmed they are currently discussing a transaction, which reportedly involves a merger.
IPL - INCITEC PIVOT - up seven cents, or 2.2 per cent, at $3.21
The explosives and fertiliser maker is holding its annual general meeting on Friday afternoon.
NAB - NATIONAL AUSTRALIAN BANK - up 93 cents, or 2.9 per cent, at $32.66
National Australia Bank has lifted its standing among business customers after lagging behind its big four counterparts for more than a year, the latest monthly DBM Consultants Business Financial Services Monitor shows.
QFX - QUICKFLIX - steady at 0.2 cents
Quickflix is going cap in hand to its customers for money after shareholders snubbed the online streaming service's latest capital raising.
STO - SANTOS - up three cents, or 0.4 per cent, at $7.99
Energy giant Santos has secured a three-year, $1 billion bilateral bank loan facility, from ANZ.
TLS - TELSTRA - up seven cents, or 1.2 per cent, at $5.89
Telstra has secured a contract to provide planning and design for the National Broadband Network worth up to $390 million.